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OpenAI keeps non-profit status, with structural change to for-profit unit

Sam Altman with the letters OpenAI besides him.
CEO Altman has argued the firm needs restructuring to draw investment. Photo: Tomohiro Ohsumi/Getty Images

Hameed Shuja

2 min read
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The ChatGPT creator seems to have made a U-turn after harsh criticism from investors as well as rival and co-founder Elon Musk.

OpenAI, one of the world’s largest artificial intelligence firms and the creator of ChatGPT, has decided to maintain its non-profit status, whilst making a minor structural change to its for-profit unit.

In a statement, the firm said the executive board made the decision “after hearing from civic leaders and

The

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