OpenAI abandons for-profit shift, keeps nonprofit control with new public benefit corporation

OpenAI made the decision for the nonprofit to stay in control after hearing from civic leaders and having discussions with the offices of the Attorneys General of California and Delaware, writes Altman.

Read Entire Article

Author

Syndication

About The Author

Syndication

See author's posts

Syndication

Related Stories

A physical copy of Fortnite just sold for $42,500 at auction

Former TSMC exec who left for Intel has homes raided, devices seized in trade secrets probe

OpenAI will burn hundreds of billions of dollars through 2030, says HSBC

You may have missed

Best Black Friday AirTag deals: 4-pack drops to $62.99, single tag hits $17.97

Best Apple Watch Black Friday deals slash prices to as low as $129

Amazon slashes 14-inch MacBook Pro M5 to $1,349, all-time best price

Apple’s Maps & Ads face new EU scrutiny under the Digital Markets Act