March 5, 2024 Follow Up Letter to California Attorney General on OpenAI’s Nonprofit StatusBy Robert WeissmanShare FacebookTwitterEmailDownload the PDFRE: OpenAI, Inc.Dear Attorney General Bonta and Deputy Attorney General Lamerdin:This letter is to follow up on my letter of January 9 encouraging you to investigate OpenAI, Inc.’s charitable status. OpenAI Startup Fund is one of the handful of investors in this new round of financing. OpenAI, Inc. CEO Sam Altman is the sole owner of OpenAI Startup FundIn February, Axios reported that OpenAI, Inc. CEO Sam Altman is the sole owner of OpenAI Startup Fund. OpenAI Startup Fund is investing substantial money – declared to be $175 million – but OpenAI itself is not an investor in OpenAI Startup Fund. It is very hard to square this set of facts with the idea that the nonprofit OpenAI remains committed to its mission.

Source: Washington Post March 05, 2024 20:33 UTC