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OpenAI’s planned evolution will see the existing OpenAI nonprofit both control a Public Benefit Corporation (PBC) and share directly

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As previously announced and as outlined in their non-binding MOU with Microsoft, the OpenAI nonprofit’s ongoing control would now be paired with an equity stake in the PBC.

Key facts

Summary

OpenAI’s planned evolution will see the existing OpenAI nonprofit both control a Public Benefit Corporation (PBC) and share directly in its success. This structure reaffirms that their core mission remains ensuring AGI benefits all of humanity. As part of this next phase, the OpenAI nonprofit has launched a call for applications for the first wave of a $50 million grant initiative to support nonprofit and community organizations in three areas: AI literacy and public understanding, community innovation, and economic opportunity. The team look forward to listening, learning, and building this new chapter together: where philanthropy, innovation, and community leadership shape not only how AI is used, but how the Intelligence Age itself is defined.

Read full article at OpenAI →

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