ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors.

  • Possibly linux
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    48 hours ago

    I don’t think that is a surprise to anyone as OpenAI really shouldn’t be a non profit.

  • @msage
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    510 hours ago

    Get plausible deniability, rack in VC cash, lock in the capital, leave everyone holding the bags.

    We just had this with Theranos, though that was based on a complete lie, so I’ll wait and see how this goes.

    Because LLMs will not form a ‘superintelligence’ or whatever they want to call it.

    LLMentalist as always

  • @[email protected]
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    611 hours ago

    I’m… so all going according to plan. Anyone out there ever thought for a moment that it was intended to be non-profit? Humongous L-O-L. That’s a way to get people to see it as non-threatening for a while during the phase when they need the most interest and voluntary adoption. Get embedded, then rise up and conquer, profit.

  • @MajorHavoc
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    3120 hours ago

    I’m about to have a heart attack and die of non-surprise.

    • @[email protected]
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      318 hours ago

      Well, color me yellow and stick an electric extension cord in my ass and call me Pikachu because I’m shocked.