- AI
The caller OpenAI Foundation will clasp power of nan non-profit division.
Tue, October 28, 2025 astatine 1:31 PM UTC
Tech leaders, including Sam Altman (C), CEO of OpenAI, and Tim Cook (2nd L), CEO of Apple, be a meal hosted by US President Donald Trump pinch tech leaders successful nan State Dining Room of nan White House successful Washington, DC, connected September 4, 2025. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) (SAUL LOEB via Getty Images)
OpenAI has completed its long, drawn-out reorganization into a nationalist use corporation, nan institution announced coming successful a blog post attributed to committee of board chair Bret Taylor. As portion of nan reorg, OpenAI's nonprofit, now called nan OpenAI Foundation, will clasp power of OpenAI's for-profit section and clasp an equity liking successful nan institution weighted astatine astir $130 billion. According to Taylor, nan Foundation will summation further power complete nan for-profit erstwhile it reaches an unspecified "valuation milestone."
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