Comment on OpenAI abandons plan to become a for-profit company

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Ajen@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

No, those were the terms when the company was “for profit.” Now that they’re “nonprofit” the investors can make unlimited profit.

The billions of dollars the company raised in its last two funding rounds were contingent on successfully removing this limit on investor returns.

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