OpenAI Gives Up On For-Profit Conversion
From The AI Daily Brief: Artificial Intelligence News and Analysis
Published 5/7/2025
From The AI Daily Brief: Artificial Intelligence News and Analysis
Published 5/7/2025
OpenAI has stopped its plan to switch from a nonprofit to a for-profit company after months of debate and legal issues. Instead, it will keep the nonprofit structure controlling its business, but remove limits on profits for investors. In the headlines, Cursor raises $900m while OpenAI comes to…