Investors are souring on OpenAI’s nonprofit governance model

OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altman on Friday. Even after it transitioned from a nonprofit to a “capped-profit” company in 2019, OpenAI retained an unusual structure that […] © 2023 TechCrunch. All rights reserved. For personal use only....