OpenAI reverses course, says its nonprofit will remain in control

Posted under: AI technologies
Date: 2025-05-06
OpenAI Retains Nonprofit Control: Business Strategy Reversal | Justo Global

OpenAI has decided that its nonprofit division will retain control over its for-profit organization, reversing its previous plan to transition fully to a for-profit structure. The company will convert its business wing to a public benefit corporation (PBC), with the nonprofit maintaining a controlling stake. This decision comes after engaging with civic leaders and attorneys general from Delaware and California, preserving OpenAI's original mission-driven approach.

Read more at: techcrunch.com