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Sam Altman says there was a 'simple' reason OpenAI ditched the nonprofit approach

Summary by Business Insider
South Park co-creator Matt Stone said all OpenAI CEO Sam Altman does is "go on podcasts."Stefano Guidi/Getty ImagesOpenAI shifted away from being a nonprofit to attract more capital, says CEO Sam Altman.OpenAI needed more funding to scale its AI research efforts, he said in a recent interview.OpenAI's $6.6 billion funding round came with some strings attached: it has 2 years to become a for-profit entity.It's a lot harder to raise billions as a …
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