Sam Altman has announced that OpenAI will remain a non-profit organization, scrapping plans to become a for-profit corporation

OpenAI, under the leadership of Sam Altman, has decided to drop plans to become a for-profit company while maintaining its status as a non-profit organization. The decision comes after intense criticism from experts and civil society, who warned that such a change could favor shareholder interests over the public good. While OpenAI's commercial arm will be able to generate a profit, it will be overseen by a not-for-profit board of directors, ensuring fair access to artificial intelligence.