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Labor and nonprofit coalition calls on California AG to stop OpenAI from going for-profit
Nonprofits and labor groups are asking the California Attorney General to investigate OpenAI's plan to become a for-profit company.
That structure is legally allowed in the state of California, but the group's petition claims that OpenAI's decision to pursue a new structure is driven by a desire not to further its mission, but to provide "AI’s benefits — the potential for untold profits and control over what may become powerful world-altering technologies — to a handful of corporate investors and high-level employees." Engadget has reached to OpenAI and AG Bonta for comment on the petition and will update this article if we hear back. Currently, there's nothing stopping OpenAI from convincing more people to invest, but as Engadget reported in February, it is limited in the returns it can offer investors.
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