ExclusiveOpenAI Says It Will Continue to 'Be Controlled by the Current Nonprofit'

Main Street
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382 Video Views·May 5, 2025
The non-profit entity will continue to control OpenAI, the company said on Monday.
We made the decision for the non-profit to retain control of OpenAI
after hearing from civic leaders and engaging in constructive dialogue
with the offices of the Attorney General of Delaware and the Attorney General of California,
Brett Taylor, Chair of the OpenAI Board of Directors, said in a statement.
The company started work on a change to its business structure
Altman had championed the for-profit move, while his rival, estranged co-founder Elon Musk,
had tried to block it in court.
The for-profit LLC will transition to a public benefit corporation
and be controlled by the non-profit entity, Altman added in a letter to employees.
