• helenslunch@feddit.nl
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    2 months 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
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      2 months 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