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In response to Meta’s letter, OpenAI board chair Bret Taylor said the company’s non-profit board of directors is “focused on fulfilling our fiduciary obligation by ensuring that the company ...
The city of Pueblo cut its funding to non-profits for the 2025 budget, but one organization still getting funding had its tax-exempt status revoked from the Internal Revenue Service (IRS) in 2020.
The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its commercial business into its own for-profit company.
In the update on Monday, Mr Altman said the non-profit would continue to control OpenAI, receiving a "big", yet-to-be determined stake in OpenAI's business arm, which would give it access to money ...