OpenAI CEO says company could become for-profit corporation.

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OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit business that the firm's nonprofit board doesn't control, The Information reported on Friday.

One scenario Altman said the board is considering is a for-profit benefit corporation, which rivals such as Anthropic and xAI are using, the report said, citing a person who heard the comments. 

The restructuring discussions are fluid and Altman and his fellow directors could ultimately decide to take a different approach, The Information added. 

 OpenAI, the artificial intelligence (AI) company, is reportedly considering changing its governance structure to become a for-profit corporation. OpenAI CEO Sam Altman has informed some shareholders about this potential shift. The company is exploring the possibility of becoming a for-profit benefit corporation, a structure that is already being used by rivals such as Anthropic and xAI 

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