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by Timber-6539 911 days ago
> limited-profit arm.

This is another one of those recent buzzwords that mean nothing. Like oil conglomerates making "green energy" donations and calling themselves low carbon emitters.

1 comments

The point is that this was a subsidiary under the control of the non-profit. It was mostly there for tax reasons.
My point is that the non-profit on OpenAI's operating model is just a tag. And the reasons for why this is the case is clear to anyone with 5 minutes of time to research about the company's self described "capped-profit" investment structure.