OpenAI considers 7% stake for CEO Altman

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OpenAI considers 7% stake for CEO Altman

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OpenAI is reportedly discussing granting CEO Sam Altman a 7% ownership stake, as it seeks to transition to a for-profit institution.

It would mark the first opportunity for Altman to attain ownership in the AI startup, which was founded in 2015.

Bret Taylor, chairperson of the OpenAI board, said discussions about Altman’s equity compensation are ongoing, with no final figures or decisions yet.

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