Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company

That’s correct. Sam Altman, the CEO of OpenAI, has reportedly reassured the staff that there is no intention or plan for him to acquire a large equity stake in the company. Altman has committed to focusing on the mission of the organization, pledging to hold any profits made from AI deployment towards benefiting all of humanity. OpenAI was initially founded as a nonprofit, but later shifted into a ‘capped-profit’ structure wherein funds could be redirected towards the company’s aims when needed