TURIN, Italy, Sept 26 (Reuters) - Sam Altman denied on
Thursday that there was any link between the departure of three
senior OpenAI executives and a planned restructuring of the
company which he said the board had been considering for several
months.
The world-leading AI firm's longtime chief technology
officer Mira Murati abruptly announced her departure on
Wednesday. Within hours, two senior research executives Barret
Zoph and Bob McGrew revealed they were also leaving the company.
On the same day, Reuters reported OpenAI was working on a
plan to restructure its core business into a for-profit benefit
corporation that will no longer be controlled by its non-profit
board, in a move aimed at making the company more attractive to
investors.
Speaking on stage at the Italian Tech Week conference in
Turin, OpenAI CEO Altman said that "some stuff" reported around
the executives' departures was inaccurate, adding that the
personnel changes were unrelated to the restructuring.
"That's totally not true," he told event organiser John
Elkann, the chairman of car companies Ferrari ( RACE ) and
Stellantis ( STLA ).
"A lot of the stuff I saw was also just totally wrong, but
we have been thinking about that (restructuring), our board has,
for almost a year, independently, as we think about what it
takes to get to our next stage."
Altman praised the departing executives, adding he was
excited to simplify the company's structure and work more
closely with technical staff.
"I have not been as involved in the tech recently as other
things, because there's been so much going on, I'm excited to do
that," he said.
"This will be, hopefully, a great transition for everyone
involved, and OpenAI will be stronger for it, as we are for all
our transitions."
Details of the proposed restructure highlight significant
changes behind the scenes at one of the world's top AI
companies.
Sources told Reuters the plans were still being negotiated
between lawyers and shareholders at the time of writing, with
the timeline for completion still uncertain.
(Writing by Martin Coulter; Reporting by Giulio Piovaccari and
Elvira Pollina
Editing by Keith Weir)