After months spent pursuing a plan to convert to a for -profit company, Openai reverse the course and declared on Monday that its non -profit organization would continue to control the company that manufactures Chatgpt and other artificial intelligence products.
“We made the decision of the non -profit organization to keep control after hearing civic leaders and had discussions with the offices of the California and Delaware general prosecutors,” CEO Sam Altman said in a letter to the employees.
Altman and the chairman of the OPENAI non -profit board of directors, Bret Taylor, said that the Council had made the decision of the non -profit decision to maintain OPENAI control. The non -profit organization already has a for -profit arm, but this arm will be converted into a public service company “which must take into account the interests of shareholders and the mission,” said Taylor.
The co-founders of Openai, including Altman and Tesla CEO Musk, initially launched it as a non-profit research laboratory on a mission to make sure what is called what is called Artificial general intelligence, or actedfor the benefit of humanity. Almost a decade later, Openai declared its market value at $ 300 billion and has 400 million weekly Chatgpt users, its flagship product.
Openai first described the plans last year to convert its basic governance structure, but were faced with a number of challenges. One is a musk trialWho accuses the company and Altman of betraying the founding principles which led Musk to invest in the charity. A federal judge rejected last week some of Musk's allegations and authorized others to proceed to a trial for next year.
OPENAI was also exposed to the best agents for the application of the Delaware law, where the company is formed, and in California, where it operates from a head office in San Francisco.
