2024-12-28
however nicely it's put, it simply means that OpenAI is now a fully for-profit entity (yeah yeah PBC blah blah) and that the non-profit arm is just a separate entity with a small amount of shares of the for-profit entity however without any control beyond these shares. — openai.com/index/why-ou...
OpenAI
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation
A stronger non-profit supported by the for-profit's success. — OpenAI's Board of Directors is evaluating our corporate structure …
2024-12-27
however nicely it's put, it simply means that OpenAI is now a fully for-profit entity (yeah yeah PBC blah blah) and that the non-profit arm is just a separate entity with a small amount of shares of the for-profit entity however without any control beyond these shares. — openai.com/index/why-ou...
OpenAI
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation
A stronger non-profit supported by the for-profit's success. — OpenAI's Board of Directors is evaluating our corporate structure …