OpenAI has reaffirmed that its nonprofit division will retain control over its for-profit organization, which is shifting to a public benefit corporation (PBC). Initially, there were plans for OpenAI to convert entirely to a for-profit model. However, the company clarified that it will continue to be governed and owned by the nonprofit, which has overseen its operations since 2019. This approach aims to ensure that the nonprofit's foundational mission will remain a priority as the organization transitions to a PBC.
OpenAI was founded as a non-profit, and is today overseen and controlled by that nonprofit. Going forward, it will continue to be overseen and controlled by that nonprofit.
OpenAI's business wing, which has been under the nonprofit since 2019, will transaction to a public benefit corporation (PBC).
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