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coor.bsky.social
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#OpenAI, the nonprofit tech company that created the popular ChatGPT chatbot, is at a crossroads. The leadership team is reportedly taking steps to transform it into a for-profit company. Here are a few of the pitfalls:
https://buff.ly/4923x8Z
#nonprofitlaw
Legal complications await if OpenAI tries to shake off control by the nonprofit that owns the rapidly growing tech company
When for-profit companies are spun out of nonprofits, there is no easy way out of the legal consequences.
buff.ly
November 21, 2024 at 6:47 AM