Coalition Challenges OpenAI Nonprofit-to-For-Profit Move
Coalition Challenges OpenAI Nonprofit-to-For-Profit Move

Coalition Challenges OpenAI Nonprofit-to-For-Profit Move

News summary

A coalition of former OpenAI employees, Nobel laureates, legal scholars, and advocates has called on the attorneys general of California and Delaware to block OpenAI's restructuring from a nonprofit to a for-profit public benefit corporation. The group argues that this shift could undermine OpenAI's original charitable mission to ensure artificial general intelligence (AGI) benefits humanity, potentially giving private interests more control over advanced AI technologies with fewer safeguards. Critics warn that the removal of nonprofit oversight may prioritize profit over public safety and accountability. OpenAI asserts that restructuring is needed to attract major investment and stay competitive, while pledging to maintain a nonprofit arm. The attorneys general are reviewing the matter, with concerns raised over safeguarding public interests and the company's billions in charitable assets. This marks the second recent petition to state officials questioning OpenAI's governance and mission.

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Left 63%
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11
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Center
2
Right
1
Unrated
3
Last Updated
3 days ago
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63% Left
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