US EditionFirstFT: OpenAI abandons for-profit plan
- On May 5, 2025, OpenAI revealed it has decided to halt its transition to a for-profit model and will continue to be managed by its original nonprofit board.
- This decision followed months of internal conflict and legal pressure, including Elon Musk’s lawsuits and takeover attempts opposing the profit-driven shift.
- OpenAI originally formed in 2015 as a nonprofit with a capped-profit subsidiary to attract investment while preserving mission-driven control.
- The company’s profit for investors is capped at 100 times their initial contribution, and the decision to reverse its restructuring plans was influenced by discussions with legal authorities from California and Delaware.
- OpenAI’s choice signals a recommitment to prioritizing safe AI for humanity and may affect future funding and governance in the AI sector.
23 Articles
23 Articles
OpenAI gives up on commercialization: domestic and international calls for a brake on the rapid advancement of "superhuman" technology
[Silicon Valley = Watanabe Naoki] US Open AI has abandoned plans to restructure its organization to lean towards commercialism. Artificial intelligence (AI) is rapidly improving in performance, and there are risks that it could be diverted to weapons or cyber attacks, or become uncontrollable. With the emergence of an all-purpose AI that surpasses human intelligence expected, the non-profit sector has retained a system to keep a check on managem…
OpenAI gives up becoming a for-profit company, announces Sam Altman
The executive director of the artificial intelligence company who designed ChatGPT says "to have listened to civil society leaders" who were worried that the start-up would put the interests of its shareholders before ethical questioning.
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