Overview

• Executives discussed a possible relocation out of California, according to the Wall Street Journal, but the company says it has no plans to leave.
• California and Delaware attorneys general are investigating the proposed conversion under nonprofit and charitable‑trust laws and could sue or require a settlement.
• Roughly $19 billion in investor commitments are contingent on completing the restructuring, raising the risk of withdrawals if the plan falters.
• A coalition of nonprofits, labor groups, philanthropies, and rival Meta is pushing back against the conversion effort.
• Reporting says OpenAI has sought political and community support for the plan, including advisers tied to Gov. Gavin Newsom and a $50 million commitment to nonprofit initiatives.