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by frandroid 6 hours ago
Who's IPO? Broadcom and Google are already listed, obviously.
2 comments

OpenAI's upcoming mega IPO
OpenAI, the non profit organization, is going to become a publically traded profit maximizing corporation
> OpenAI, the non profit organization

No, the nonprofit org stays nonprofit, while the for-profit org it owns will become publically traded.

See https://openai.com/index/evolving-our-structure/

> OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit.

Does anybody actually believe that?