Nonprofit to retain control of OpenAI

Published on May 5, 2025 11:41 PM GMTThe OpenAI Board has an updated plan for evolving OpenAI’s structure.

OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit. Going forward, it will continue to be overseen and controlled by that nonprofit.

Our for-profit LLC, which has been under the nonprofit since 2019, will transition to a Public Benefit Corporation (PBC)–a purpose-driven company structure that has to consider the interests of both shareholders and the mission.

https://www.lesswrong.com/posts/28d6TmCT4v7tErihR/nonprofit-to-retain-control-of-openai#comments

https://www.lesswrong.com/posts/28d6TmCT4v7tErihR/nonprofit-to-retain-control-of-openai