OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
The company’s board is considering a decision that would change the company into a public benefit corporation, according to a source familiar with the discussions who wasn’t authorized to speak publicly about them.
While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board of directors whose mission is to help humanity. That would change if the company converts the core of its structure to a public benefit corporation, which is a type of corporate entity that is supposed to help society as well as turn a profit.
Fuck these cunts.
God I hope open source models eat their lunch.
Unless we can get people to donate $400 million per month to any organizations that develop and train open source models, this dream will always remain a fantasy.
OpenAI and Microsoft simply have way too much money to compete against, because they can afford to buy literally their own entire fucking nuclear reactor complex to power their AI machine learning server super-clusters.