OpenAI doesn't want to be so open anymore. According to a new report, OpenAI — the organization that burst onto the scene with the release of its popular AI chatbot, ChatGPT, in 2022 — is looking to restructure into a for-profit company.

OpenAI is facing a leadership crisis as multiple executives, including the CTO and VP of research, announce their

Sam Altman denied on Thursday that there was any link between the departure of three senior OpenAI executives and a planned restructuring of the company which he said the board had been considering for several months.

Top U.S. artificial intelligence startup OpenAI took a hit Thursday after three of its top executives exited the company. The departures come as CEO Sam Altman is reportedly preparing to turn OpenAI into a traditional for-profit company.

Key Takeaways Microsoft-backed OpenAI reportedly is planning to restructure to become a for-profit organization.According to Reuters, which first reported the plan, OpenAI is in talks to give CEO Sam Altman equity worth up to $150 billion,

ChatGPT-maker OpenAI CEO Sam Altman said on Thursday the recent departure of top executives from the company had nothing to do with its planned restructuring.

Two more OpenAI executives announced their departure from the artificial intelligence (AI) company Wednesday amid reports that the ChatGPT maker is considering restructuring into a for-profit business.

Enterprise partners and investors may reevaluate their relationship with the company as its priorities shift under the new structure.