Comment by dorkwood
4 years ago
They were previously non-profit. They changed to "capped profit" in 2019, meaning profits for investors are capped at 100x their original investment. So an investment of ten million dollars will only return, at most, 1 billion dollars.
https://techcrunch.com/2019/03/11/openai-shifts-from-nonprof...
The fuck? That’s basically no different from a for-profit company.
And probably when the profit starts to reach that level they can just change it again..
they capped the open in open ai in the slang sense of the word
Thanks. I wasn’t aware of that change.