OpenAI Halts Full For-Profit Shift, Retains Nonprofit Grip
In a sharp reversal, OpenAI confirmed on Monday that its nonprofit parent will remain fully in charge of the for-profit entity
In a sharp reversal, OpenAI confirmed on Monday that its nonprofit parent will remain fully in charge of the for-profit entity
Under the new structure, OpenAI’s existing for-profit arm will evolve into the PBC, which will oversee all business operations
OpenAI’s move to become a for-profit entity follows years of balancing non-profit ideals with the increasing financial demands of AI development