Comment on OpenAI to remove non-profit control and give Sam Altman equity
helenslunch@feddit.nl 1 month ago
I’m so confused. I thought this was illegal?
The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company
Wait what? Are they restructuring to a for-profit or not? They already have a separate for-profit company.
TheGalacticVoid@lemm.ee 1 month ago
OpenAI the non-profit owned OpenAI the company since the company was created. The non-profit is simply reducing its stake/share of the company and giving it to investors and/or Altman
helenslunch@feddit.nl 1 month ago
Ah, that makes more sense, thanks.