OpenAI CEO Sam Altman says the company has no plans to go public due to concerns over potential investor conflicts with its plans for super intelligence. The company operates under a hybrid capped-profit structure that allows external funds while benefiting the non-profit operation. OpenAI has raised $10bn from Microsoft at a valuation of almost $30bn as it invests more in building computing capacity.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?