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forprofit

Ex-OpenAI employees sign open letter to California AG: For-profit pivot poses ‘palpable threat’ to nonprofit mission

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More than 30 top experts—including nine former OpenAI employees—have urged the attorneys general of California and Delaware to intervene in OpenAI’s proposed restructuring, which would allow the company to buy itself out from under its nonprofit’s control. In an open letter, they warn that the move would eliminate key governance safeguards and endanger OpenAI’s founding … Read more

Ex-OpenAI staffers file amicus brief opposing the company’s for-profit transition

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A group of ex-OpenAI employees on Friday filed a proposed amicus brief in support of Elon Musk in his lawsuit against OpenAI, opposing OpenAI’s planned conversion from a nonprofit to a for-profit corporation. The brief, filed by Harvard law professor and Creative Commons founder Lawrence Lessig, names 12 former OpenAI employees: Steven Adler, Rosemary Campbell, … Read more

Ex-OpenAI staffers back Musk’s case against move to for-profit entity

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Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images A group of 12 ex-OpenAI staffers, in support of Elon Musk’s lawsuit against the artificial intelligence startup, asked a court’s permission on Friday to share their concerns about the company’s transformation into a for-profit entity. The individuals collectively worked at OpenAI … Read more

OpenAI funding could be cut by $10 billion if for-profit move lags

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Sam Altman, CEO of OpenAI, at Station F, is seen through glass, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025.  Aurelien Morissard | Via Reuters OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into … Read more

Musk may still have a chance to thwart OpenAI’s for-profit conversion

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Elon Musk lost the latest battle in his lawsuit against OpenAI this week, but a federal judge appears to have given Musk — and others who oppose OpenAI’s for-profit conversion — reasons to be hopeful. Musk’s suit against OpenAI, which also names Microsoft and OpenAI CEO Sam Altman as defendants, accuses OpenAI of abandoning its … Read more

Judge rejects Musk’s attempt to block OpenAI’s for-profit transition

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A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge Yvonne Gonzalez Rogers ruled Tuesday. However, Rogers said the court is prepared to hold an … Read more

For-Profit Companies Can’t Easily Replace NOAA’s Weather-Forecasting Prowess

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Could a private company create forecasts on its own without NOAA data? It would be difficult for one company to provide comprehensive weather data in a reliable way that is also accessible to the entire public. Some companies might be able to launch their own satellite, but one satellite only gives you part of the … Read more

How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion

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On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI CEO Sam Altman quickly dismissed Musk’s bid, … Read more

OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money

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