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OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

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While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board of directors whose mission is to help humanity.

FILE – Open AI Chief Executive Officer Sam Altman speaks at the Advancing Sustainable Development through Safe, Secure, and Trustworthy AI event on Sept. 23, 2024, in New York.

No final decision has been made by the board and the timing of the shift hasn’t been determined, the source said. “We remain focused on building AI that benefits everyone and as we’ve previously shared we’re working with our board to ensure that we’re best positioned to succeed in our mission,” it said in a written statement. “The nonprofit is core to our mission and will continue to exist.”

But the exits were the latest in a string of recent high-profile departures that also include the resignations of OpenAI co-founder Ilya Sutskever and safety team leader Jan Leike in May. In a statement, Leike had leveledMuch of the conflict at OpenAI has been rooted in its unusual governance structure.

In 2016, the goal of OpenAI’s founders — a group that included Altman and Tesla CEO Elon Musk — was to “advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.”

 

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