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The CEO of OpenAI does not intend to take the company public because of its strange structure.

Shulou Source: shulou.com Published: 2023-11-24 17:19:27 10月04日 Update

Thanks to CTOnews.com netizen for the clue delivery of rain and snow! CTOnews.com June 7 news, OpenAI CEO Sam Altman recently said at a conference in Abu Dhabi, because the company's structure is very "strange", there are no plans to let OpenAI go public at present.

Altman said that when they develop superintelligence, they may make some decisions that most investors will find very strange. In response to a question about whether OpenAI would go public, he said,"I don't want to be sued by the open market, Wall Street, etc., so no, I'm not interested." "

OpenAI has received $10 billion in investment from Microsoft, valued at nearly $30 billion (CTOnews.com notes: currently about 213.3 billion yuan), to build more powerful computing power. Altman said OpenAI has a very strange structure, with a profit cap provision.

OpenAI started out as a nonprofit and later created a "limited profit" company that allowed it to raise money from outside while ensuring that the original nonprofit sector still benefited.

Altman, who is on a round-the-world tour meeting with leaders of several countries, was in United Arab Emirates on Tuesday and plans to travel to Qatar, India and South Korea next.

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