OpenAI plans to become a profitable company similar to Anthropic and xAI, or pave the way for an IPO

According to people familiar with the matter, OpenAI CEO Sam Altman recently told some shareholders that the company is considering changing its management structure to become a for-profit company similar to competitors Anthropic and xAI, and reducing its ties to the non-profit parent. Before Microsoft's investment, OpenAI's non-profit organization contributed more capital than other shareholders. Such a change could open the door for OpenAI to eventually go public, and its current valuation has reached $86 billion. In addition, it would also give Altman the opportunity to hold shares in the company, a move that some investors are also pushing for. Last year, OpenAI employees sold more than $800 million worth of stock. (The Information)