Billionaire businessman Elon Musk is wondering as to how OpenAI could transition into a huge for-profit company from being non-profit initially. This comes after recent reports suggested Musk had approached artificial intelligence researches in his pursuit of building a ChatGPT alternative. The Tesla CEO, who had on October 27, 2022 acquired social media company Twitter, was in the founding team of OpenAI and until 2018 he had served in the company’s board of directors.
Musk wondered if it was legal to switch from being non-profit to for-profit, why is it that all non-profit entities do that. He also mentioned his $100 million donation when OpenAI was a non-profit entity. The billionaire recently claimed not having an open stake in the company and having no control over it in any way.
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