OpenAI is evolving its corporate structure, creating a network of interconnected entities. This complex structure aims to support the development and deployment of artificial general intelligence (AGI) while balancing commercial interests with safety and societal benefits. The organisation was initially founded as a non-profit in 2015 with the goal of ensuring that AGI benefits all of humanity. In 2019, it transitioned to a capped-profit model, forming a for-profit subsidiary, OpenAI Global, LLC, controlled by the non-profit. This unique structure allows OpenAI to attract investment while maintaining its commitment to its mission. Microsoft has invested significantly in OpenAI, providing Azure cloud computing resources and solidifying a strategic partnership.
Recent developments suggest a further restructuring, with plans to convert the capped-profit subsidiary into a Public Benefit Corporation (PBC). This move aims to provide more control to the for-profit arm and facilitate further capital raising. OpenAI's structure is designed to ensure accountability to its mission, mitigating the pressure to maximise profits. The non-profit retains control over the for-profit subsidiary, ensuring that AGI development aligns with safety and broad benefit principles. OpenAI's approach balances commercial viability with ethical considerations, as it navigates the complexities of developing advanced AI.
Sam Altman, CEO of OpenAI, envisions AI as a fundamental driver of the economy and a potential human right. OpenAI's corporate strategy reflects this vision, focusing on building the infrastructure necessary to deliver AI at scale. The company's structure is designed to manage the distribution of profits to maximise the social and economic benefits of AI technology. As OpenAI continues to advance towards AGI, its corporate structure will likely evolve to meet the challenges and opportunities ahead.
