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OpenAI Chief Executive says no plans for company to go public
OpenAI Chief Executive, Sam Altman, stated that the company has no plans to take the company public, despite a great investment by FTX. This decision allows OpenAI to have less pressure from investors and maintain control over their cap table. OpenAI has a reputation for being cautious about who can influence them, as seen in their deal with Microsoft where Microsoft owns 49% of OpenAI while still maintaining operational independence.