this post was submitted on 26 Sep 2024
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OpenAI to remove non-profit control and give Sam Altman equity (www.reuters.com)
submitted 1 month ago* (last edited 1 month ago) by Rekall_Incorporated@lemm.ee to c/technology@lemmy.world
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[–] stoly@lemmy.world 38 points 1 month ago

I also come to the conclusion that this was planned from the start--that if it ever took off, they would change the status and profit from it. They took tax breaks for years in the early days and now want to take a capital benefit.