An independent commission set up by OpenAI to advise it on its corporate structure and societal impact recommended that the ...

The nonprofit reported no “significant changes to its governing documents” in filings to US tax authorities through 2021, the last year for which data could be obtained.

The firm was founded as a non-profit in 2015 by Mr Altman and a group of Silicon Valley investors and entrepreneurs including Elon Musk, ... → Inside OpenAI’s weird governance structure; ...

Patagonia, a designer and purveyor of outdoor clothing and gear, is another prominent example.Its founder, Yvon Chouinard, and his heirs have permanently transferred their ownership to a nonprofit ...

Founded in 2015 as a non-profit AI research organization, OpenAI added the for-profit OpenAI LP entity in 2019 as a subsidiary of its non-profit, securing capital from Microsoft , opens new tab to ...