San Francisco, May 5, 2025 (AFP) - OpenAI abandons plan to become for-profit company

NAMPA / AFP

2025-05-05

OpenAI CEO Sam Altman on Monday said the company behind ChatGPT would continue to be run as a nonprofit, as it abandoned a highly contested plan to turn into a for-profit organization. "We made the decision for the nonprofit to stay in control after hearing from civic leaders and having discussions with the offices of the Attorneys General of California and Delaware," Altman said in an email to staff posted on the company's website. arp/bjt ...

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