OpenAI Will Remain a Nonprofit

Openai CEO SAM Altman has been to be angry since the company’s non-profit board management (brief) since today. He fired him. However, including a few efforts to prevent action Openai Co-Benefit the claim provided by Elon Muskcompany declared Will keep the structure on Monday so far.

The desire to crush the non-profit structure is primarily stems from something: money. Organization as a non-profit means that Openai does not manage to invest in investment for shareholders (at least theory), but rather than it mission To ensure “artificial general intelligence to benefit from all mankind.” Being non-profit, Openai also caused some complications for the financial efforts. Company funded $ 40 billion was providedFirst of all, in the beginning of this year, but earlier this year, this money was a contingent in Openai, which completes the restructuring planned to the planned body. Now this is the financing limbo.

Openai will continue to operate a commercial subsidiary, which is part of Altman’s management. However, it will move from a LLC to a society’s benefit Corporation for the Company (PBC). The reason for this change, some theoryIt is easy to make it easier for Openai sold clearly. The non-profit board will be PBC’s initial shareholder and will continue to control and control the company. Shift will simultaneously pour the closed profit structure used by the company’s use with a LLC restricted Return to 100,000 investors.

An attempt to reconstruct the profit organization, although the reasons for these pushes were not always altruistic. For example, musk seemed to be alleged to stop rebuilding a reputational part Sam fell after two against Altman. Meta also struggled with changeIt is difficult to imagine that the company does not partially partially partially because it is partly due to the fact that the company’s creative rival is to create an opponent and prevent Openai’s ability to collect money. Other non-profit Openai’s attempt took the issueThe company is associated with the use of money that should be used for “public good” to increase its profits instead.

Given that he controls Altman succeeds successfully attempted to remove it It is claimed to be and now there is another Members in the back pocketIt is very fair to think that a nonprofit mission is actually doing well to maximize the bottom of a board to increase the barrier to a board or other that is more suitable with it.