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Is OpenAI a charity?

OpenAI started as a non-profit in 2015, aiming to develop AI safely for humanity's benefit. However, it restructured in 2019, creating a 'capped-profit' subsidiary to attract investment for its expensive research. The original non-profit board still controls the capped-profit entity, but this shift has led to questions about its founding mission, especially with the current lawsuit over AI safety.

Stories that explain this

Eight US States Sue OpenAI Over Harm to Children

Questions this opens up

Who funds OpenAI now? What is a capped-profit company? Who is on OpenAI's board?

Related explainers

Has OpenAI been sued before? Who owns OpenAI? Who sued OpenAI for copyright? Is AGI different from superintelligence? What is 'artificial general intelligence'? Who regulates AI in the US? Who is researching AGI? What is 'self-improving AI'?

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