Reuters reports that, in an effort to make itself more attractive to investors, OpenAI plans to scrap the nonprofit structure of its core business, thereby removing the authority of its board of directors, as well as granting CEO Sam Altman equity in the company.
“We remain focused on building AI that benefits everyone, and we’re working with our board to ensure that we’re best positioned to succeed in our mission. The nonprofit is core to our mission and will continue to exist,” an OpenAI spokesperson told Reuters. The nonprofit portion of the business will not be done away with entirely, but instead would continue to exist and own a minority stake in the overall company.
Sam Altman could receive as much as $150 billion in equity from the restructured company. That’s quite the reversal of fortunes for Altman, who, just last November, had been fired from OpenAI by its board of directors.
Since Altman’s firing and subsequent rehiring, OpenAI has seen the departure of numerous high-level employees. Researchers Jan Leike and Ilya Sutskever both left in May, citing what they called the company’s disregard of safety guidelines in favor of building “shiny products.” Earlier this week, Chief technology officer Mira Murati also announced her resignation from the company, and was quickly followed by Chief Research Officer Bob McGrew and Barret Zoph, senior research executive, though Altman denies that their departures are due to the proposed restructuring plan.
The plan is reportedly still being vetted by the company’s lawyers and stakeholders. There is no word yet on when the restructuring might be completed.
OpenAI was founded in 2015 as a nonprofit research organization, then incorporated a for-profit subsidiary, OpenAI LP, in 2019 in order to secure funding from Microsoft. With the release of ChatGPT in 2022, OpenAI’s valuation has grown from $14 billion in 2021 to $150 billion in the most recent round of funding.
Touchscreen laptops have been around for years. You can get them in all sizes and shapes. Just not from Apple. For years, the Cupertino giant has treated the idea of a touchscreen MacBook the way I treat a meeting that could have been an email: with open contempt. However, Wednesday looks like the day the company could finally change its mind.
The latest Apple invite puts the “Pro and Tell” showcase in Los Angeles at 10 a.m. PT (1 p.m. ET) on October 28, 2026. Instead of a regular live-streamed keynote, it is an invitation-only, hands-on event for a handful of press and creators (similar to what the company did for the MacBook Neo earlier this year).
Two residents of Chicago have filed a lawsuit in the US over claims that robots run by Coco Robotics and Serve Robotics captured their facial and hand measurements without consent, bringing renewed attention to the food delivery robots. The cases raise a troubling question: If a robot delivers food to your door, can it also be gathering sensitive information about you?
According to a report by The Associated Press, the proposed class-action lawsuits were filed in Cook County on Oct. 9 and allege violations of Illinois’ Biometric Information Privacy Act. The complaints claim that the robots’ cameras and LiDAR sensors captured information on customers’ faces and hands as they approached the machines to pick up their orders. Both have denied the allegations.
Nearly a month after announcing the GPT-6.1 Sol model, OpenAI unveiled GPT-6.1 Terra today. The latest addition to the family focuses on computer use, visual reasoning, coding, and professional work, while costing 50% less through the API than GPT-5.6 Terra.
OpenAI says Terra can handle everything from filling out browser forms and working inside spreadsheets to interpreting technical drawings and editing videos. The company says it can also complete computer-based tasks more than three times faster than GPT-6 Astra and GPT-6.1 Sol.