OpenAI’s Nonprofit Will Retain Control After Public Pushback

(Bloomberg) — OpenAI is moving forward with plans to become a more conventional for-profit business, but with a key change designed to appease critics: After the restructuring is completed, the company’s nonprofit will remain in control of the overall business.

The change in plans reflects the complexity of OpenAI’s ongoing corporate restructuring plans, which drew scrutiny from former employees, academics and rivals, some of whom had urged state regulators in Delaware and California to block the move.