Labor and nonprofit coalition calls on California AG to stop OpenAI from going for-profit
A group of organizations, including nonprofits like LatinoProsperity and labor groups like the California Teamsters, are petitioning California Attorney General Rob Bonta to stop OpenAI from becoming a for-profit entity, The Los Angeles Times reports. OpenAI announced plans to transition to a public-benefit corporation in 2024, and reportedly has two years to pull it off or risk a large portion of the money its raised become debt. The group's primary concerns are that OpenAI "failed to protect its charitable assets" and is actively "subverting its charitable mission to advance safe artificial intelligence." OpenAI started as a nonprofit research organization studying AI, but transitioned to a for-profit company that's overseen and run by a nonprofit in 2019. That structure is legally allowed in the state of California, but the group's petition claims that OpenAI's decision to pursue a new structure is driven by a desire not to further its mission, but to provide "AI's benefits -- the potential for untold profits and control over what may become powerful world-altering technologies -- to a handful of corporate investors and high-level employees."
Apr-9-2025, 21:25:48 GMT