… The effort should fail.” In court, OpenAI could argue that it engaged in self-help — such as starting its for-profit arm — because Musk left it in the lurch when he pulled promised funding from the nonprofit, says Peter Molk, a professor of law at the University of Florida. …
… Setting it up as a non-profit might, in hindsight, have been the wrong move. …
… We do see parallel for-profits, and the idea of a conversion to a for-profit and shutting down the nonprofit. …
… She also says Altman mentioned that Holden Karnofsky — a prominent tech executive and leader in effective altruism, who now works at Anthropic and is married to Anthropic co-founder Daniela Amodei — was “irked by the move to for-profit and potentially offered a more substantial amount of money if O… …
… But Prosser has been “leaking” the looming launch of a foldable iPhone in particular for years, and it seems his confidence hasn’t waned a bit.
… In 2012, our trustees realized that our competitors, many European, who were founded with similar histories as not-for-profits, had the opportunity to both do a better job funding the not-for-profit side and unleash that for-profit energy in an increasingly competitive environment. …
… Also there’s a lawsuit from Elon Musk over OpenAI’s for-profit arm that — if Musk wins — may threaten its public offering. This degree of chaos does not inspire confidence in Altman’s management skills. …
… Microsoft still owns around 27 percent of OpenAI’s for-profit arm, too, making it a major shareholder in OpenAI’s future growth. …
… Established by an act of Congress long before Trump entered politics, America250 was supposed to be a nonpartisan nonprofit for funding America’s 250th anniversary this year, but it has evolved into one of the numerous nonprofits used by corporate donors to curry favor with the second Trump adminis… …
… As you’ve said several times now, Starlink is the only profitable part of this business. …