OpenAI ditches plan to become a for-profit company

May 6, 2025 - 07:00
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OpenAI ditches plan to become a for-profit company
OpenAI will reverse course on its plans to convert into a for-profit business, announcing on Monday its nonprofit will continue to have control of the artificial intelligence firm. In a Monday letter to employees, CEO and co-founder Sam Altman said the company decided for the nonprofit to stay in control after hearing from civic leaders…