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    You are at:Home»Finance»Entrepreneurship»OpenAI Says It Will Stay Under Nonprofit Control
    Entrepreneurship

    OpenAI Says It Will Stay Under Nonprofit Control

    newsworldaiBy newsworldaiMay 6, 2025No Comments3 Mins Read0 Views
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    OpenAI Says It Will Stay Under Nonprofit Control
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    After months of publicly describing his intention to shake his corporate structure, the open has turned it down and has decided that his non -profit arm will continue to control his lucrative business.

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    According to an Open A Blog Post published on Monday, the company’s Board of Directors decided that the Open AI would continue to rely on the monitoring and control of its non -profit division.

    Open AI Board Chairman Brett Taylor wrote in a blog post, “The Open AI was established as a non -profit, and today it was monitored by this unconstitutional.” “Going ahead, it will be monitored by this unconstitutional.”

    The company’s profitable LLC, which has been under non -profit since 2019 and will continue to do so, will become the Public Benefit Corporation (PBC). A PBC is a lucrative business that should be considered by the public in addition to profit in its decisions. Open will control the non -profit division and will be the largest shareholder in the PBC.

    Taylor noted, “Our mission remains the same. Open’s mission” is to ensure that artificial general intelligence benefits the whole humanity. “

    Related: Everyone wants to buy Google’s Chrome browser.

    In December, Openi publicly indicated in a blog post that he was thinking of making his lucrative section PBC, but had complete control over Openi’s works and business. The non -profit party will not monitor the profit, but instead will be in charge of charitable measures.

    Taylor wrote Monday that Openi has chosen to overturn the course and has maintained non -profit control over non -profit business after talking to urban leaders and with the Delware’s Attorney General and the California Attorney General’s offices.

    Last month, more than 30 urban leaders, former Open AI staff, and Nobel laureates presented letters to the Attorney General’s offices to ask them to stop trying to break the Openi’s non -profit rule.

    Open CEO Sam Altman. Photographer: Nathan Lane/Bloomberg through Getty Images

    Openi has recently been entangled in a legal battle with Elon Musk, who helped the company a co -founder and left in early 2018 after failing to handle it. Musk has then filed a lawsuit against Open and his CEO, Sam Altman, who has accused him of working to break the Open Founder’s contract and make more profits for Microsoft instead of humanity as a whole. Microsoft has invested nearly $ 14 billion in Billion in Open.

    Even in February, the Musk led an extraordinary offer to buy Openai at 4.97.4 billion, which the Altman shot on the X. According to press time, Musk had not yet commented on it.

    Related: Open AI is ‘creating all the work that he hates to be a software engineer’.

    Openai started in 2015 as an unconstitutional status and moved to the “Capted Profit” company in 2019, which means that the company’s profits were limited to a certain amount, the organization of the non -profit parent was given more profit. The profitable arm collected $ 1 billion from Microsoft in 2019, as well as 100 million preliminary fundraising rounds.

    In November 2022, the Open launched its AI Chat Boat Chatgupat, which used 500 million global weekly users by March, which was 400 million in February.

    Openi closed the $ 40 billion funding round in March, which is the largest private tech contract so far, with the company worth $ 300 billion.

    Control Nonprofit OpenAI Stay
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