New report details OpenAI's plan to switch to for-profit mode

A major shakeup is in the works at OpenAI. Reuters reported that the artificial intelligence research company is restructuring its business from a non-profit board into a for-profit corporation. The publication also says Sam Altman would be given equity in the new corporation. OpenAI's move to for-profit wouldn't eliminate its non-profit entity entirely. The non-profit would own a stake in the new for-profit venture but it won't have nearly the power as it did.