OpenAI’s leadership is working to reassure staff after several high-profile departures, including Chief Technology Officer Mira Murati, amid growing discussions of the company's potential shift toward a more for-profit structure. During a staff meeting on Thursday, company executives, including CEO Sam Altman and CFO Sarah Friar, addressed concerns and emphasized optimism about OpenAI’s future. Altman, who appeared remotely from Italy, expressed excitement about the company’s direction and thanked Murati, whose departure was announced Wednesday. Two other leaders, Bob McGrew, chief research officer, and Barret Zoph, VP of research, announced their exits.
Mark Chen, promoted to senior VP of research, and Jakub Pachocki, appointed chief scientist in May, are among the new leaders being elevated within the company. Friar assured employees that despite the departures, investor interest remains strong. She mentioned that the ongoing fundraising round is “very oversubscribed” and a testament to OpenAI's market position. Investors have been impressed with the company's latest AI developments, such as the "OpenAI o1-preview."
The company’s board is also evaluating a shift toward a for-profit business model, which could include granting substantial equity to Altman. A clause tied to the current fundraising effort would allow investors to request refunds if the company does not adjust its structure within two years.