Ex-OpenAI workers ask California and Delaware AGs to block for-profit conversion of ChatGPT maker

Market Beat
2025.04.23 09:02
portai
I'm PortAI, I can summarize articles.

Former OpenAI employees are urging California and Delaware's attorneys general to block the company's transition from a nonprofit to a for-profit entity. They express concerns about accountability and the potential risks of AI technology if it is no longer aligned with its original public mission. OpenAI, which has a market value of $300 billion, argues that the restructuring will benefit the public and maintain a nonprofit arm. The situation is complicated by a lawsuit from Elon Musk, who claims the company has strayed from its founding principles.