OpenAI reverses course, says its nonprofit will remain in control of its business operations

Spread the love

Open is there Decided The non -profit department that will maintain control over its profitable org, the company initially announced that it was planned to convert to a profitable company.

According to the agency, the Business Wing of the OpenAI, which has been under non -profit since 2019, will transfer to a public benefit corporation (PBC). Will control non -profit and will also be a large shareholder of the PBC.

OpenAI Board Chairman Brett Taylor wrote in a statement on the company’s blog, “Open is established as a non -profit, and today it has been supervised and controlled by that non -profit.” “Going forward, it will continue to be supervised and controlled by non -profit.”

Openi says “It has been decided after hearing from civic leaders and involved in constructive dialogue with the Delaware Attorney General and California Attorney General’s Office.”

Taylor also said, “We thank both offices and we are hoping to continue these important conversations to ensure that OpenAI can effectively continue its mission,” Taylor also said.

OpenAI was established as a non-profit in 2015, but it was converted into a “capped-profit” in 2019 and was trying to restructure for profit once more. When it was transferred to a capped, the Open was retained its non-profit wing, which is currently a controlling part of the corporate arms of the company.

Opena said that its conversion Its non -profit will save And infect it with additional resources to spend “charity initiatives” in sectors such as healthcare, education and science. OPENDERE ENTERPRIEGE OFFICE, in exchange for its control, is non -profit It is reported that billions of dollars will stand upThe

TechCrunch event

Berkeley, CA
|
June 5


Book now

Many, including the Elon Mask, filed a case against the OpenAI to oppose the planned transfer against the organization. The musk case has been accused of launching his non -profit mission, which aims to benefit all humanity.

Kasturi sought the initial order ban Stop the transformation of the opeinaThe A federal judge Refusal to requestHowever, in the spring of 2026, the jury has allowed the case to go to the trial.

A group of ex-Ophenai employees and encodes, a non-profit agency that California co-sponsor Ill SB 1047 AI Protection Act, The amicus brief has been file A few months ago in support of the musk litigation. Separately, a group of non -profit and labor groups, such as California’s teams, requested California Attorney General Rob Banta to prevent the opening of the opening, claiming that the company “failed to protect his charity resources.”

Several Nobel laureates, law professors and civil society organizations also sent letters to the Bonta and Delaware Attorney General, Kathy Jennings, requesting that they had stopped the startup effort to restructure.

These partners were more on behalf of the Opina, which would have to complete the conversion of its profit at the end of this year or the next end of this year, or risky to renounce some capital raised in recent months, Accordingly ReportThe It is now unclear what the consequences of the OpenAI can now have that the company has changed.

This story is developing. Check again for updates.

Leave a Reply

Your email address will not be published. Required fields are marked *