A Timeline of the Battle for OpenAI: Musk, Altman, and the For-Profit Shift

Open AI CEO Sam Altman speaks during a summit on June 2, 2025 in San Francisco, California. Open AI CEO Sam Altman speaks during a summit on June 2, 2025 in San Francisco, California. Founded in 2015 as a nonprofit, rather than a for-profit company, it promised to develop AI "in the way that is most likely to benefit humanity." With billions of dollars in investments from Microsoft, Japanese bank SoftBank, and chipmaker Nvidia, however, OpenAI has proposed changing its corporate structure to give investors more control over its technology. Critics of the change include cofounder-turned-competitor, Elon Musk, and nonprofits concerned about OpenAI's adherence to its mission.