OpenAI, led by CEO Sam Altman and chief scientist Jakub Pachocki, has announced a shift in its mission as it enters what it calls its 'third phase' of development. This new focus emphasizes the practical deployment of artificial intelligence (AI) technologies to create meaningful benefits for individuals, businesses, and economies worldwide. The company, which played a pivotal role in popularizing generative AI with ChatGPT, now aims to ensure that advanced AI systems are safe, widely accessible, and genuinely useful. Altman and Pachocki outlined three long-term goals: developing an automated AI researcher, driving economic growth through AI tools, and providing personal AGI assistants for everyone. They stressed that as AI capabilities grow, so must the safeguards and human oversight to prevent misuse. The leaders also advocate for international cooperation in AI governance to mitigate risks and ensure equitable access to AI benefits. Notably, this announcement coincides with OpenAI's confidential filing for an initial public offering, signaling its ambitions for future growth.