OpenAI Nonprofit Keeps Control Under Revised For-Profit Plan

May 5, 2025

OpenAI dropped a full for-profit conversion after legal pressure. Its business arm would become a public benefit corporation under nonprofit board control.

OpenAI

Sources

TechCrunch

News · May 5, 2025

OpenAI reverses course, says its nonprofit will remain in control of its business operations

Additional sources

OpenAI

Announcement · May 5, 2025

Evolving OpenAI's structure

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