[msmart]

OpenAI is a non-profit.

[dorkwood]

They were previously non-profit. They changed to "capped profit" in 2019, meaning profits for investors are capped at 100x their original investment. So an investment of ten million dollars will only return, at most, 1 billion dollars.

https://techcrunch.com/2019/03/11/openai-shifts-from-nonprof...

[Aeolun]

The fuck? That’s basically no different from a for-profit company.

[himlion]

And probably when the profit starts to reach that level they can just change it again..

[singularity2001]

they capped the open in open ai in the slang sense of the word

[msmart]

Thanks. I wasn’t aware of that change.