Will OpenAI abandon their non-profit structure by the end of 2025?
Will OpenAI abandon their non-profit structure by the end of 2025?
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bought Ṁ100 NO27d

Seems likely that the lawsuits aren’t resolved until 2026.

filled a Ṁ50 NO at 73% order1mo
bought Ṁ750 YES6mo

Resolves yes @mods

sold Ṁ15 NO6mo

@datachef far from any official announcement yet. Just rumors. This safely remains open, IMO.

Though I did just realize it is EOY 2025 rather tan 2024, which makes it a bit more likely.

6mo

@datachef Hasn't been confirmed yet.

bought Ṁ100 NO1y

I don’t think they can legally

1y

@tr Of course they can. In fact, they may be forced to and their is a lawsuit pending about this.

1y

@BTE I wouldn't consider dissolution by the state of california to be openai abandoning the nonprofit structure - both because that would not be openai's choice which abandoning implies, and because all of openai's assets would be required to remain with a nonprofit.

1y

@tr The assets already do not remain with the nonprofit. They assign all of the IP to the for profit company, it is not at all owned by the nonprofit. The nonprofit is simply a governance mechanism to ensure the board of directors are not primarily motivated by profit.

1y

@BTE As I understand it, the nonprofit’s ownership stake and control of the for profit would be required to remain with a nonprofit even if the current nonprofit was dissolved.

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