this post was submitted on 18 Nov 2023
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OpenAI co-founder Greg Brockman is leaving, too (www.theverge.com)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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OpenAI co-founder Greg Brockman is leaving, too::OpenAI co-founder Greg Brockman announced that he’s quitting just hours after CEO Sam Altman was fired. OpenAI chief technology officer Mira Murati is taking over as interim CEO.

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[–] frezik@midwest.social 18 points 11 months ago (1 children)

It's a little more complicated than that. OpenAI's core business is a non-profit, and nobody has shares in it that generate any kind of returns. Any extra money they make is either reinvested, donated to another non-profit, or just sits in a bank account until they do one of the first two things.

There is a for-profit arm of it, though, and some people do have shares in that.

The board in question runs the non-profit part.

[–] Hotzilla@sopuli.xyz 1 points 11 months ago (1 children)

Original comment talked about going public, what they have yet not done.

[–] KeenFlame@feddit.nu 1 points 11 months ago

Let the enshittening begin!