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      OpenAI scraps controversial plan to become for-profit after mounting pressure

      news.movim.eu / ArsTechnica • 5 May 2025

    On Monday, ChatGPT-maker OpenAI announced it will remain under the control of its founding nonprofit board, scrapping its controversial plan to split off its commercial operations as a for-profit company after mounting pressure from critics.

    In an official OpenAI blog post announcing the latest restructuring decision, CEO Sam Altman wrote: "We 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."

    The move represents a significant shift in OpenAI's proposed restructuring. While the most recent previous version of the company's plan (which we covered in December) would have established OpenAI as a Public Benefit Corporation with the nonprofit merely holding shares and having limited influence, the revised approach keeps the nonprofit firmly in control of operations.

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    • tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman

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    • Ar chevron_right

      OpenAI scraps controversial plan to become for-profit after mounting pressure

      news.movim.eu / ArsTechnica • 5 May 2025

    On Monday, ChatGPT-maker OpenAI announced it will remain under the control of its founding nonprofit board, scrapping its controversial plan to split off its commercial operations as a for-profit company after mounting pressure from critics.

    In an official OpenAI blog post announcing the latest restructuring decision, CEO Sam Altman wrote: "We 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."

    The move represents a significant shift in OpenAI's proposed restructuring. While the most recent previous version of the company's plan (which we covered in December) would have established OpenAI as a Public Benefit Corporation with the nonprofit merely holding shares and having limited influence, the revised approach keeps the nonprofit firmly in control of operations.

    Read full article

    Comments

    • tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman

    • Pictures 3 image

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    • Ar chevron_right

      OpenAI scraps controversial plan to become for-profit after mounting pressure

      news.movim.eu / ArsTechnica • 5 May 2025

    On Monday, ChatGPT-maker OpenAI announced it will remain under the control of its founding nonprofit board, scrapping its controversial plan to split off its commercial operations as a for-profit company after mounting pressure from critics.

    In an official OpenAI blog post announcing the latest restructuring decision, CEO Sam Altman wrote: "We 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."

    The move represents a significant shift in OpenAI's proposed restructuring. While the most recent previous version of the company's plan (which we covered in December) would have established OpenAI as a Public Benefit Corporation with the nonprofit merely holding shares and having limited influence, the revised approach keeps the nonprofit firmly in control of operations.

    Read full article

    Comments

    • tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman tagai tagai tagai tagbiz & it tagbiz & it tagbiz & it tagchatgpt tagchatgpt tagchatgpt tagchatgtp tagchatgtp tagchatgtp taglarge language models taglarge language models taglarge language models tagmachine learning tagmachine learning tagmachine learning tagmicrosoft tagmicrosoft tagmicrosoft tagnon-profit tagnon-profit tagnon-profit tagopenai tagopenai tagopenai tagpublic benefit corporation tagpublic benefit corporation tagpublic benefit corporation tagsam altman tagsam altman tagsam altman

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