( ) -q-30- UNDATED (Correspondent Jeremy House) ” The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. [CutID: <Cuts> OPENAI-VALUATION-house-q-MONam.mp3 Time: 30s Title: OPENAI-VALUATION-house-q-MONam Out-cue: allowed to interact] TAG: Correspondent Jeremy House reporting. ———————————- VERBATIM: Nonprofit tax experts have […]
Audio
Changing OpenAI’s nonprofit structure would raise questions about its future
( ) -q-30- UNDATED (Correspondent Jeremy House) ”
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion.
[CutID: <Cuts> OPENAI-VALUATION-house-q-MONam.mp3
Time: 30s
Title: OPENAI-VALUATION-house-q-MONam
Out-cue: allowed to interact]
TAG: Correspondent Jeremy House reporting.
———————————-
VERBATIM: Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last November when its board ousted and rehired CEO Sam Altman. OpenAI is organized as a nonprofit with a mission to develop artificial intelligence, and it later added subsidiary for-profit entities under the nonprofit’s control. Now, some of these experts believe that OpenAI may have reached or exceeded the limits of how nonprofits and for-profits are allowed to interact.