Sam Altman to receive $150 billion equity as OpenAI turns to for-profit

OpenAI is restructuring its core business into a for-profit benefit corporation, shifting control from its non-profit board. The OpenAI non-profit will continue to exist and hold a minority stake in the new for-profit company, but the reorganization will bring a new governance structure. According to a Reuters report, CEO Sam Altman will have equity, which

Source: Cryptopolitan