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OpenAI
Started as nonprofit focused on safety. Board fired then rehired Sam Altman over safety disagreements.
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OpenAI โ AI Ethics: MIXED Started as nonprofit focused on safety. Board fired then rehired Sam Altman over safety disagreements. https://reciepts.tech/stance/16
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See all โReversed course in May 2025 on its plan to convert to an independent for-profit after pressure from state attorneys general in California and Delaware. Nonprofit (OpenAI Foundation) retained control of the new public benefit corporation (OpenAI Group PBC), owning ~26% of equity. Completed restructuring in October 2025. Critics warned the deal creates conflicts of interest and sets a precedent for nonprofits shedding governance accountability.