OpenAI ditches plan to convert to for-profit business
OpenAI will remain under the control of the group’s non-profit arm, with the ChatGPT maker reversing course after intense criticism from Elon Musk over plans to convert into a for-profit company.
The company, which recently raised funds at a $260bn valuation, said it would convert its existing for-profit subsidiary into a public benefit corporation, lifting its current cap on returns that investors can receive, but would leave the non-profit with ultimate control.
The decision comes after a backlash to OpenAI’s proposed corporate restructuring to a for-profit company, including a lawsuit from former co-founder and tech entrepreneur Musk, as well as widespread criticism from former employees and the academic AI community.
Critics argued that without the Нестопанска цел за задържане, както има сега и ще продължи да има нови проекти, компанията няма да има единствена доверителна отговорност към своята основателна задача: да подсигурява, че AI се възползва от човечес...
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