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OpenAI’s nonprofit structure was supposed to protect you. What went wrong?

For a long time, investors were happy enough to pour money into OpenAI despite a structure that didn’t put their interests first, but in 2023, the board of the nonprofit that controls the company — ...
NBC Washington

OpenAI says nonprofit will retain control of company, bowing to outside pressure

OpenAI has bowed to pressure from civic leaders and ex-employees, announcing in a blog post on Monday that its nonprofit would retain control of the company even as it restructures into a public ...
Los Angeles Times

Why OpenAI’s restructuring could reshape the artificial intelligence landscape

After defeating legal challenges from Elon Musk and state regulators, OpenAI completed its controversial conversion to a for-profit structure, unlocking unprecedented capital for AI development. The ...
AOL

A nonprofit on top, billions below: How OpenAI's new structure works

OpenAI announced Tuesday morning that it had completed a tumultuous corporate restructuring effort, simplifying a complex ownership web into a controlling nonprofit entity and a reimagined for-profit ...
AOL

OpenAI says its nonprofit will retain control of the company, bowing to outside pressure

OpenAI has bowed to pressure from civic leaders and ex-employees, announcing in a blog post on Monday that its nonprofit would retain control of the company even as it restructures into a public ...