OpenAI, which was an open nonprofit organization, no longer secretly releases financial documents

OpenAI is a nonprofit research organization founded in 2015 by Sam Altman, Tesla, Elon Musk, and investor Peter Thiel. It has been reported that OpenAI has secretly stopped publishing financial documents that it had previously made public.

OpenAI scrapped a promise to disclose key documents to the public | Hacker News
https://news.ycombinator.com/item?id=39121521

The following article summarizes how OpenAI was established.

About the history of the establishment of DeepMind, OpenAI, and Anthropic, until the people who were most afraid of the risks of AI decided that they should be at the top and built it - GIGAZINE

Regarding the reason OpenAI was established as a non-profit organization rather than a general company, co-founders Greg Brockman and Ilya Satskyvar stated in their official blog , ``Our goal is the need to generate financial profit.'' Our goal is to advance digital intelligence in a way that is most likely to benefit humanity as a whole, without being constrained by the You can do that,” he says. Please note that this article has been deleted at the time of writing.

For this reason, OpenAI states in its report to the U.S. tax authorities that ``any member of the public can review copies of the governing documents, financial statements, and rules governing conflict of interest management,'' indicating a high level of transparency. It seems that he was appealing.


It has been reported that one of the causes of the Altman CEO dismissal scandal that occurred in November 2023 was poor communication between CEO Altman, who is involved in various businesses other than OpenAI, and the board of directors. WIRED, an IT news site, has learned how OpenAI's new board of directors would, for example, have access to rules governing conflict of interest management, such as nuclear reactor manufacturers and AI-related projects in which CEO Altman personally invests. It may be possible to find out who has the right to do so.

However, when WIRED requested these records in February 2023, OpenAI said, ``We will provide financial statements upon request. 'This includes our policy of not publicly distributing the content.'

OpenAI itself is a non-profit organization, but its structure is such that a for-profit corporation exists under a non-profit corporation led by a board of directors. Looking at the financial statements of OpenAI as a whole, the income is $ 44,000 (about 6.5 million yen) and the expenditure is $ 1.3 million (about 192 million yen), which is typical of a non-profit corporation. However, it has been reported that OpenAI's total sales in 2023 were $1.6 billion (approximately 236 billion yen), and it remains unclear how that $1.6 billion was distributed.