OpenAI Not Being For-Profit; Non-Profit Division Retains Control

Quick Summary:

Back in December, OpenAI announced that it will be letting the for-profit division of the company become a Public Benefit Corporation, essentially turning the company for-profit.

While that is still on track to happen, The company now says that it, as a whole, will remain a non-profit, with the non-profit half being a large shareholder […]

The post OpenAI Not Being For-Profit; Non-Profit Division Retains Control appeared first on Lowyat.NET.

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Article Details

Author / Journalist: Ian Chee

Category: Technology

Markets: Malaysia

Topics: AI Artificial Intelligence PBC Elon Musk Public Benefit Corporation OpenAI Artifical Intelligence

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 03:31:56 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: lowyat.net

Language: English

Article Length: 249 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Lowyat.net

News ID: 28427619

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