OpenAI Says It Will Stay Under Nonprofit Control | Entrepreneur
Briefly

OpenAI has decided to maintain nonprofit oversight of its for-profit division, reversing earlier plans of independent control. The board announced that the nonprofit would continue to manage the for-profit LLC, which will transition into a public benefit corporation (PBC). This move aims to ensure that profit considerations align with the public good. The decision followed discussions with civic leaders and regulatory authorities, reflecting OpenAI's commitment to its original mission of promoting artificial general intelligence for the benefit of humanity.
OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit. Going forward, it will continue to be overseen and controlled by that nonprofit.
Our mission remains the same: to ensure that artificial general intelligence benefits all of humanity.
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