OpenAI restructuring to For-Profit from Non-Profit and Microsoft Impact


How will OpenAI going to a for-profit from non-profit impact Microsoft stock price? Does this open the door to some larger partnership between the two?

Altman is quoted as previously saying, the company’s non-profit ownership structure protects the company from the short-term interests of shareholders. The non-profit ownership structure also ensures that the benefits accrued from artificial intelligence (AI) would be distributed broadly, AI systems’ safety would be assured, and OpenAI would work to serve the “best interests of humanity.”

https://finance.yahoo.com/news/exclusive-openai-remove-non-profit-201413475.html


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