Foreign media: OpenAI may reorganize its non-profit structure next year

According to TechCrunch, it is increasingly likely that OpenAI will soon change its complex corporate structure. Earlier this week, it was reported that the company was in talks to raise $6.5 billion at a pre-money valuation of $150 billion. Now, according to Reuters, the deal depends on whether OpenAI can restructure and remove the profit cap for investors. According to Fortune, co-founder and CEO Sam Altman told employees at a company-wide meeting that OpenAI's structure is likely to change next year, making it closer to a traditional for-profit business. OpenAI's current structure is that its for-profit department is controlled by a non-profit organization, which seems to disappoint investors. "We remain focused on building artificial intelligence that benefits everyone, and as we have said before, we are working with the board to ensure that we can accomplish our mission in the best possible way," OpenAI said in a statement. "The non-profit organization is at the core of our mission and will continue to exist."