OpenAI sticks with nonprofit control despite board restructuring plans

Monday, May 5, 2025, 2:20 pm

OpenAI has reversed course on its planned split into a for-profit entity. After months of debate and public scrutiny from tech luminaries, the company is keeping its nonprofit governance intact—much to the chagrin of those who were eagerly waiting to see a for-profit twist.

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Backtracking amid pressure (3)
Elon Musk’s influential role (3)
Official restructuring reversal (7)
All Other Stories

Backtracking amid pressure

arstechnica.com / OpenAI scraps controversial plan to become for-profit after mounting pressure

The nonprofit board will retain control, but now investor billions hang in the balance.

theregister.com / OpenAI caves to pressure, keeps nonprofit in charge

Funny what a public scolding from AI luminaries and a word from state AGs can do OpenAI's contentious plan to overhaul its corporate structure in favor of a conventional for-profit model has been reworked, with the AI giant bowing to pressure to keep its nonprofit in control, even as it presses…

winbuzzer.com / OpenAI Backtracks on Restructuring, Nonprofit Arm Retains Control Following Massive Pressure

Amidst lawsuits and petitions, OpenAI has decided its nonprofit parent will keep control, abandoning plans for a more independent for-profit Public Benefit Corporation. The post OpenAI Backtracks on Restructuring, Nonprofit Arm Retains Control Following Massive Pressure appeared first on WinBuzzer.

Elon Musk’s influential role

theinformation.com / Elon Musk Wins OpenAI Battle, but Altman May Win the War - The Information

Elon Musk Wins OpenAI Battle, but Altman May Win the War The Information

gizmodo.com / Elon Musk Gets His Wish: OpenAI Will Remain a Nonprofit

The company will abandon plans to restructure.

theinformation.com / OpenAI Decides Not to Split From Its Nonprofit, Handing Musk a Victory - The Information

OpenAI Decides Not to Split From Its Nonprofit, Handing Musk a Victory The Information

Official restructuring reversal

wired.com / OpenAI Backs Down on Restructuring Amid Pushback

The startup behind ChatGPT is going to remain in nonprofit control, but it still needs regulatory approval.

siliconangle.com / OpenAI abandons plan to spin off for-profit arm

OpenAI has scrapped a restructuring initiative that would have separated its for-profit and nonprofit arms. Chief Executive Officer Sam Altman announced the move today in a memo to employees. OpenAI launched in 2015 as a nonprofit artificial intelligence research lab. Four years later, it created…

the-decoder.com / OpenAI restructures as public benefit corporation under non-profit control

OpenAI is restructuring: Its for-profit arm will become a public benefit corporation, but full control stays with the original non-profit. The article OpenAI restructures as public benefit corporation under non-profit control appeared first on THE DECODER.

All Other Stories

techinasia.com / OpenAI to remain non-profit, ends restructuring plan

CEO Sam Altman shared this decision with employees through a letter.

permalink / 1 stories from sources in 4 days ago #ai #openai #governance #altman

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