OpenAI, facing pressure, announces its nonprofit will stay in control after all. Read CEO Sam Altman's letter.
OpenAI CEO Sam Altman published a letter to OpenAI's website about the company's future structure on May 5, 2025.
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- OpenAI says its nonprofit will remain in control.
- The company is in the process of transforming its structure as it looks to position itself to raise more money to train its AI.
- CEO Sam Altman published a letter announcing the changes on Monday.
OpenAI appears to have decided that transferring control away from its nonprofit isn't worth the hassle after all.