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OpenAI Restructuring U-Turn: For-Profit Model Abandoned Under Pressure

Tuesday, May 6, 2025, 6:20 am more...

After persistent external pressure and widespread criticism, OpenAI abruptly reversed its move toward a for-profit structure. The decision has left industry experts amused and somewhat perplexed as the company reaffirms its nonprofit roots while navigating the murky waters of corporate ambitions and market expectations.

Reddit: r/technews

engadget.com / OpenAI’s new for-profit plan leaves many unanswered questions

the-decoder.com / Elon Musk’s lawyer says OpenAI restructuring is a "transparent dodge"

techcrunch.com / What OpenAI’s restructuring plan means for its corporate future

bloomberg.com/technology / OpenAI Can't Have Its Money Both Ways - Bloomberg.com

theinformation.com / What OpenAI’s Governance Reversal Means - The Information

techmonitor.ai / OpenAI drops plan to become for-profit, retains nonprofit oversight

winbuzzer.com / OpenAI’s Restructure Reversal Puts Microsoft Partnership in the Focus Again

techspot.com / OpenAI abandons for-profit shift, keeps nonprofit control with new public benefit corporation

zerohedge.com / OpenAI Blinks: Scraps For-Profit Plan After Outside Pressure

bgr.com / Why is OpenAI so hellbent on changing its structure?

permalink / 10 stories from sources in 4 days ago #techpolicy #openai #business #altman +


OpenAI sticks with nonprofit control despite board restructuring plans

Monday, May 5, 2025, 2:20 pm more...

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.

Bluesky: @techcrunch.com, @arstechnica.com, @gizmodo.com, @wired.com, @wired.com, @wired.com, @wired.com


Backtracking amid pressure

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

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

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


Elon Musk’s influential role

theinformation.com / 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

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


Official restructuring reversal 4 more...

wired.com / OpenAI Backs Down on Restructuring Amid Pushback

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

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


All Other Stories

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

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


Sam Altman’s World Accelerates US Biometric Tech Rollout

Wednesday, April 30, 2025, 10:20 pm more...

Sam Altman’s innovative venture, World, is rapidly advancing its eye‐scanning technology in the US. The project now unveils its flagship orb device alongside a mobile verification gadget, and announces a strategic partnership with Match Group to bolster digital identity verification services. All steps push biometric innovation into mainstream use—with a dash of futuristic whimsy.

Reddit: r/CryptoCurrency

Bluesky: @techcrunch.com, @techcrunch.com, @brucebuckman.bsky.social, @alexeheath.com, @verge-poster.bsky.social, @brbarrett.bsky.social, @kylierobison.com, @laurengoode.bsky.social, @wired.com

winbuzzer.com / Sam Altman’s Worldcoin Starts US Rollout, Bringing Iris Scans, Crypto IDs, and Controversy

wsj.com / Sam Altman’s Eye-Scanning Crypto Project Launches in the U.S.

techinasia.com / Sam Altman’s crypto project launches in the US

wired.com / Sam Altman's Eye-Scanning Orb Is Now Coming to the US

theverge.com / Sam Altman’s eye-scanning project launches cryptocurrency in the US

bloomberg.com/technology / Altman-Backed Startup Rolls Out Eyeball-Scanning Tech Across US - Bloomberg

techcrunch.com / Sam Altman’s World unveils a mobile verification device

techcrunch.com / World partners with Tinder, Visa to bring its ID-verifying tech to more places

permalink / 8 stories from sources in 9 days ago #technology #us #altman +


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