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OpenAI reverses course, says its nonprofit will remain in control of its business operations
OpenAI has decided that its nonprofit division will retain control over its for-profit org, after the company initially announced that it planned to
BOOK NOW Many disagreed, including Elon Musk, who filed a lawsuit against OpenAI opposing the company’s planned conversion from a nonprofit to a for-profit. Musk’s suit accuses the startup of abandoning its nonprofit mission, which aimed to ensure its AI research benefits all humanity. The stakes were high for OpenAI, which needs to complete its for-profit conversion by the end of this year or next, or it will risk relinquishing some of the capital it has raised in recent months, according toreports.
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