Gretchen Krueger, a former policy researcher at OpenAI, said the company's nonprofit governance structure and cap on profits were part of the reason she joined in 2019 — the year that OpenAI ...

For a long time, investors were happy enough to pour money into OpenAI despite a structure that didn’t put their interests first, but in 2023, the board of the nonprofit that controls the ...

OpenAI, the organization known for shepherding in the artificial intelligence boom, has recently announced a significant decision to maintain its nonprofit governance structure. This move comes ...

OpenAI’s unusual structure gives its nonprofit full governance rights over a holding company that is owned by OpenAI employees and minority investors including Microsoft and venture capital ...

OpenAI reverses course and says its nonprofit will continue to control its business OpenAI first outlined plans last year to convert its core governance structure but faced a number of challenges.

OpenAI has scrapped plans to reduce its nonprofit parent’s oversight and will keep its existing governance structure intact, a move that limits CEO Sam Altman’s influence and responds to ...

As a management scholar who researches organizational accountability, governance, and performance, I’d like to explain how this hybrid approach is supposed to work. Hybrid Governance Altman co-founded ...

Their argument is simple: The thing the nonprofit board currently controls — governance of the world’s leading AI lab — makes no sense for the nonprofit to sell at any price.

At the same time, if we look at the other end of the spectrum, Robert Bosch is over 127 years old and has a somewhat similar governance structure to OpenAI — and it’s served them well.

Many elements of corporate governance are tested and measured during external audits. As well, the nonprofit tax return form 990 now emphasizes transparency more than ever and includes a corporate ...

governance, fund-raising, and compensation practices in the nonprofit world, according to a committee appointed by Independent Sector at the request of the Senate Finance Committee: 1. A charitable ...