OpenAI is restructuring itself into a forprofit company and people are jumping ship

Openai is making major changes

OpenAI the company that launched the popular chat bot chatgpt back in November 2022 is making a major change. It started as a nonprofit back when it first started but now it’s making a major change it’s restructuring itself next year as a for-profit company, meaning that it will start making money and the valuation of the company could be at $150 billion that’s not the only major change openAI has been having a lot of layoff and departures recently it’s cto Mira Murati recently resigned from the company

And she’s not the only one that has left the company openai chief scientist Ilya Sutskever left the company a few months ago and has recently announced that he is starting up his own company called safe super intelligence which will be competition with OpenAI but here’s what Mira Murati had to say to the employees of OpenAI

Here’s her memo to employees

Hi all,

I have something to share with you. After much reflection, I have made the difficult decision to leave OpenAl.

My six-and-a-half years with the OpenAl team have been an extraordinary privilege. While I’ll express my gratitude to many individuals in the coming days, I want to start by thanking Sam and Greg for their trust in me to lead the technical organization and for their support throughout the years.

There’s never an ideal time to step away from a place one cherishes, yet this moment feels right. Our recent releases of speech-to-speech and OpenAl o1 mark the beginning of a new era in interaction and intelligence - achievements made possible by your ingenuity and craftsmanship. We didn’t merely build smarter models, we fundamentally changed how Al systems learn and reason through complex problems.

We brought safety research from the theoretical realm into practical applications, creating models that are more robust, aligned, and steerable than ever before. Our work has made cutting-edge Al research intuitive and accessible, developing technology that adapts and evolves based on everyone’s input. This success is a testament to our outstanding teamwork, and it is because of your brilliance, your dedication, and your commitment that OpenAl stands at the pinnacle of Al innovation.

I’m stepping away because I want to create the time and space to do my own exploration. For now, my primary focus is doing everything in my power to ensure a smooth transition, maintaining the momentum we’ve built.

I will forever be grateful for the opportunity to build and work alongside this remarkable team. Together, we’ve pushed the boundaries of scientific understanding in our quest to improve human well-being.

While I may no longer be in the trenches with you, I will still be rooting for you all.

With deep gratitude for the friendships forged, the triumphs achieved, and most importantly, the challenges overcome together.

Mira

The only member that’s left from the original team is Sam altman and he’s making it to the point that he has all the power at the company and that’s kind of scary because the company that’s maybe one of the most influential companies in the world is going to be under the control of one man OK so what does it mean that openAI is restructuring itself into a for profit company it means that now openai will start generating revenue and it could be as big of a company as Apple in a few years and it also recently Overtook SpaceX as Top U.S. Private Company and that’s pretty big because for years, SpaceX had that title and now OpenAI has the title so it could be interesting. A private company being as influential as OpenAI is and making as much money as Apple is it a recipe for disaster or is it a recipe for success Who knows only time will tell