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OpenAI’s unusual equity structure makes it difficult for employees to donate a portion of their holdings to charity.
Delaware's attorney general is hiring an investment bank to advise on OpenAI's for-profit conversion, the Wall Street Journal ...
OpenAI's skyrocketing valuation over the past few years has turned a lot of employees at the artificial intelligence startup into paper millionaires. But when those employees want to donate a ...
For OpenAI, which has a highly unusual equity structure due to its origination as a nonprofit, it's a matter of maintaining tight control over the shareholder base. An OpenAI spokesperson told ...
A central issue in the negotiations is determining how much equity Microsoft will receive in the restructured OpenAI in exchange for its $13bn investment.