OpenAI has decided that its non-profit arm will continue to oversee the organization as it transitions towards a for-profit model. CEO Sam Altman explained that the decision, influenced by civic leaders and discussions with state Attorneys General, aims to balance profit motives with the mission of safe artificial intelligence development. The for-profit sector will evolve into a public benefit corporation that retains the non-profit's substantial influence while still pursuing revenue generation, emphasizing both shareholder interests and original mission goals.
CEO Sam Altman stated the decision for the nonprofit to remain in control came after discussions with civic leaders and Attorneys General.
The non-profit is maintaining control while the for-profit will transition to a mission-driven public benefit corporation.
Collection
[
|
...
]