OpenAI to File Scaled-Back Restructuring That Keeps Nonprofit in Charge

pymnts.com/artificial-intelligence-2/2025/openai-to-file-scaled-back-restructuring-that-keeps-nonprofit-in-charge

that it will submit a revised corporate plan that leaves its nonprofit parent firmly in control of the for-profit arm behind ChatGPT, walking back a December blueprint that would have ceded voting power in exchange for easier fundraising.
The move follows weeks of discussions with the…

This story appeared on pymnts.com, 2025-05-06 01:05:39.
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