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OpenAI Reaffirms Nonprofit Status While Pursuing Multibillion-Dollar Acquisitions

Advocacy groups warn that major deals risk sidelining OpenAI’s original public-benefit mission

FILE – OpenAI CEO Sam Altman attends an Apple event announcing new products in Cupertino, Calif., June 10, 2024. (AP Photo/Jeff Chiu, File)

Overview

  • OpenAI abandoned its planned full conversion to a for-profit model and this week reiterated its nonprofit status.
  • The company announced a $6.5 billion deal to acquire io, founded by former Apple designer Jony Ive, and has reportedly purchased AI startup Windsurf.
  • OpenAI unveiled plans to build a large data center in the United Arab Emirates as part of its global infrastructure expansion.
  • California and Delaware attorneys general are continuing formal investigations into the company’s governance structure and asset transfers.
  • Stakeholders including Orson Aguilar and Catherine Bracy are demanding transparent oversight and a clear separation of charitable assets from commercial operations.