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OpenAI is taking an important step towards becoming a purely profitable organization

  • October 23, 2024
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“When you think of artificial intelligence, what company do you think of?” One of the first names that many people would mention if asked: Open AI It is

OpenAI is taking an important step towards becoming a purely profitable organization

“When you think of artificial intelligence, what company do you think of?” One of the first names that many people would mention if asked: Open AI It is located. However, OpenAI is managed with a very complex structure. To summarize in a very exaggerated way: the original Open AI An institution that is not a full-fledged foundation, but does have foundation characteristics. There is also a company under the umbrella of this institution, OpenAI. The company, OpenAI, is managed by the foundation, which has a kind of ethics committee, so the foundation part is higher. Members of the board, including Sam Altman, cannot own OpenAI shares.

Starting with the firing of Sam Altman and beyond Altman’s return to duty Since the ongoing process of board member resignations, OpenAI has been working to change this interesting management organization and adopt a more traditional corporate structure. As part of these plans, the company is serving as a member of Obama’s Council of Economic Advisers and as chief economist for the Commerce Department during the Joe Biden administration. Aaron ChatterjiHe was appointed as the company’s first CFO.

In 2022, he worked on the CHIPS law

openAI

Chatterji was previously approved by the Biden administration CHIPS Act He also worked on the arrangement known as. With that law, the US government added a stimulus of about $280 billion to support the country’s chip industry and start production in the US. OpenAI for chip designs Chatterjis He relies on his political and sectoral connections.

However, Chatterji isn’t the only high-profile employee OpenAI is hiring today. Former Assistant State’s Attorney Scott Schoolswas appointed as the company’s new compliance officer.

Source: Web Tekno

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