OpenAI Looks to Shift Away From Nonprofit Roots and Convert Itself to For-Profit Company
The Chronicle of Philanthropy
SEPTEMBER 27, 2024
The group’s board is thinking about restructuring that would make OpenAI a public benefit corporation. By Matt O'Brien, Kelvin Chan, and Thalia Beaty, AP Business Writers Bryan R. Smith/AP OpenAI’s CEO Sam Altman (center) says the recent departures of key executives are unrelated to the potential restructuring. OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself
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