As OpenAI pushes toward a for-profit structure, the company is adding Adebayo Ogunlesi, founding partner of Global Infrastructure Partners, to its board.
OpenAI said Tuesday that Adebayo Ogunlesi, founding partner of Global Infrastructure Partners, or GIP, is joining its board.BlackRock announced a year ago that it was buying GIP for $12 billion. Ogunlesi is now a senior managing director at BlackRock.
Bayo Ogunlesi, Chairman, Global Infrastructure Partners listens as US President Donald Trump speaks during a strategic and policy discussion with CEOs in the State Department Library in the Eisenhower Executive Office Building on April 11, 2017 in Washington, DC., is joining the startup's board of directors, the latest announcement in the company's move toward a for-profit structure.by BlackRock last year for $12 billion.
"The rapid advancement and development of AI offers a unique opportunity to build a better future," Ogunlesi said in OpenAI's announcement Tuesday. "As part of this, thoughtful strategies and investment in infrastructure will be key to unlocking AI's full potential and delivering its benefits responsibly. I'm excited to contribute to this effort and look forward to being a part of the OpenAI Board.
For OpenAI, the addition of Ogunlesi to its board marks another step in its dramatic transformation to a for-profit company. The board has been almost entirely revamped since late 2023, when CEO Sam Altman was, became chair of OpenAI after the Altman ordeal in November 2023. Larry Summers, a former Treasury secretary, joined at the same time. Last year, the board added severalCEO Fidji Simo and Dr.
The company said that by transforming into a Delaware PBC "with ordinary shares of stock," it can pursue commercial operations while separately hiring a staff for its nonprofit arm and allowing that wing to take on charitable activities in health care, education and science, OpenAI said in December.Ogunlesi's other board positions include BlackRock, Topgolf Callaway Brands, Kosmos Energy Holdings and Terminal Investment Ltd.
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