00:00It's Benzinga, and here's what's on the block.
00:03OpenAI CEO Sam Altman denied claims of receiving what he referred to as a giant equity stake
00:08at a company all-hands meeting, emphasizing that no current plans exist.
00:13OpenAI Chairman Brett Taylor confirmed the board has discussed Altman's compensation,
00:17but no specific figures or decisions have been made.
00:20The meeting followed discussions of restructuring OpenAI into a for-profit business while keeping
00:25a non-profit segment.
00:27Multiple executives, including CTO Miro Moratti, announced their departures amid these changes.
00:33OpenAI is currently pursuing funding with a valuation exceeding $150 billion.
00:38For all things money, visit Benzinga.com.
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