Coverage dated September 25, 2024 to September 26, 2024

Sam Altman tells OpenAI staff there's no plan for him to receive ‘giant equity stake' in company

Headline from NBC Chicago, on the newest of 2 developments

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.

NBC Chicago's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

Sep 26, 2024
OpenAI To Restructure Into For-Profit Company, Give Altman Stake, Reports Say
Headline from Investopedia ·
Sep 27, 2024Newest
Sam Altman tells OpenAI staff there's no plan for him to receive ‘giant equity stake' in company
Headline from NBC Chicago ·

Read the reports

Reports & sources

11 articles, oldest first.

New York Post
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits (opens New York Post)
Published Sep 25, 2024
New York Post's feed description
OpenAI is reportedly discussing given CEO Sam Altman a 7% equity stake while restructuring it as a for-profit entity – even as several top executives head for the exits.
Investopedia
OpenAI To Restructure Into For-Profit Company, Give Altman Stake, Reports Say (opens Investopedia)
Published Sep 25, 2024
Investopedia's feed description
Microsoft-backed OpenAI reportedly is planning to restructure to become a for-profit organization and give CEO Sam Altman a massive stake.
Insider
It looks like Sam Altman will get richer off of OpenAI after all — maybe $10.5 billion richer (opens Insider)
Published Sep 25, 2024
Insider's feed description
OpenAI plans to make big changes to its corporate structure, two reports say. That is expected to pave the way for CEO Sam Altman to get even richer.
NBC 6 South Florida
Sam Altman tells OpenAI employees he hasn't received ‘giant equity stake' in company (opens NBC 6 South Florida)
Published Sep 25, 2024
NBC 6 South Florida's feed description
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.
Quartz
Sam Altman told employees he doesn't expect a 'giant equity stake' in OpenAI (opens Quartz)
Published Sep 26, 2024
Quartz's feed description
The OpenAI chief executive reportedly discussed his equity stake after the company's board decided to consider a for-profit structure
NBC News
Sam Altman tells OpenAI staff there's no plan for him to receive a 'giant equity stake' in company (opens NBC News)
Published Sep 26, 2024
NBC News's feed description
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance.
Fortune
Sam Altman denies plan to give him equity in for-profit OpenAI (opens Fortune)
Published Sep 26, 2024
Fortune's feed description
Reports claimed OpenAI considered giving Altman a 7% stake worth billions.
NBC Chicago
Sam Altman tells OpenAI staff there's no plan for him to receive ‘giant equity stake' in company (opens NBC Chicago)
Published Sep 26, 2024
NBC Chicago's feed description
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.
New York Post
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’ (opens New York Post)
Published Sep 26, 2024
New York Post's feed description
OpenAI CEO Sam Altman flatly denied that he is set to receive a huge equity stake in the firm as part of a corporate restructuring, according to multiple reports.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.