OpenAI to become a for-profit by EOY?
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Dec 31
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chance

https://www.reuters.com/technology/artificial-intelligence/openai-remove-non-profit-control-give-sam-altman-equity-sources-say-2024-09-25/

SAN FRANCISCO, Sept 25 (Reuters) - ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors.

Resolves YES if OpenAI's core business both

  1. is no longer controlled by a non-profit board

  2. is a for-profit corporation

Resolves NO otherwise.

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bought Ṁ100 NO

"OpenAI is also in the process of overhauling its corporate structure from a nonprofit into a for-profit company. That change, which was encouraged by many of the investors in the round, will be a complicated process for the startup. If it doesn’t complete the change within two years, investors in the current round will have the right to request their money back."

https://www.wsj.com/tech/apple-no-longer-in-talks-to-join-openai-investment-round-e3be3e66

bought Ṁ50 NO from 26% to 25%