Jan 23, 2025 · California’s attorney general, Rob Bonta, on Dec. 12 was urged in a letter from Meta to stop OpenAI from becoming a for-profit company, according to the Wall Street Journal, with Meta arguing that such a precedent could have “seismic implications for Silicon Valley” by allowing startups to enjoy privileged nonprofit tax status until they ...

6 days ago · California’s attorney general, Rob Bonta, on Dec. 12 was urged in a letter from Meta to stop OpenAI from becoming a for-profit company, according to the Wall Street Journal, with Meta arguing that such a precedent could have “seismic implications for Silicon Valley” by allowing startups to enjoy privileged nonprofit tax status until they begin making money.

Jan 24, 2025 · As part of what it described as an ongoing investigation, the California attorney general’s office has sought answers from OpenAI about its reported plan to convert to a for-profit corporation...

Jan 23, 2025 · As part of what it described as an ongoing investigation, the California attorney general’s office has sought answers from OpenAI about its reported plan to convert to a for-profit corporation...

Jan 25, 2025 · As part of what it described as an ongoing investigation, the California attorney general’s office has sought answers from OpenAI about its reported plan to convert to a for-profit corporation and how it intends to transfer assets out of its existing nonprofit.

Dec 14, 2024 · In a letter sent to Bonta’s office this week, Meta says that OpenAI “should not be allowed to flout the law by taking and reappropriating assets it built as a charity and using them for...

Nov 4, 2024 · Sam Altman-led OpenAI is in early talks with the California attorney general's office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on...

Dec 14, 2024 · Facebook’s parent company, Meta, is supporting Elon Musk’s effort to block OpenAI’s conversion from a nonprofit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a...

Dec 14, 2024 · Meta Platforms is urging California's attorney general to block OpenAI's planned conversion to a for-profit company, the Wall Street Journal reported on Friday.

Aug 22, 2024 · OpenAI says in a letter to State Senator Scott Wiener that AI safety regulation is best handled by the federal government and claims his bill “could stifle innovation.”