Corporate Structure for AI Companies

Ilya Sutskever, OpenAI
In conversation with: Ravi Belani, Stanford University

Ilya Sutskever, co-founder and chief scientist of OpenAI, observes that the cost of data centers for large neural networks has shifted AI research from universities to companies. He explains how cost also drives OpenAI’s unique corporate structure, which caps profits and equity. Once the company has paid out its obligation to investors and employees, it will become a non-profit again.