TLDR · BIG TECH & STARTUPS

OPENAI CONSIDERING RESTRUCTURING TO FOR-PROFIT, CTO MIRA MURATI AND TWO TOP RESEARCH EXECS DEPART

cnbc.com5 min read

Summary from the TLDR newsletter

OpenAI's board is considering plans to restructure itself into a for-profit business while still retaining its non-profit segment as a separate entity. The structure will make investing more straightforward and make it easier for OpenAI employees to realize liquidity. OpenAI's Chief Technology Officer Mira Murati is leaving the company after six and a half years. Research chief Bob McGrew and Barret Zoph, a research vice-president, are also departing the company.