'Need to raise more capital than we’d imagined': OpenAI announces plans to transition from non-profit structure
The restructuring isn’t without opposition. Last month, Elon Musk filed a motion to block OpenAI’s shift to for-profit status, while Meta CEO Mark Zuckerberg urged California Attorney General Rob Bonta to intervene. Critics argue the change could compromise OpenAI’s original mission as a nonprofit research lab dedicated to AI for public good.