Documents show OpenAI’s long journey from nonprofit to $157B valued company --[Reported by Umva mag]

Back in 2016, a scientific research organization incorporated in Delaware and based in Mountain View, California, applied to be recognized as a tax-exempt charitable organization by the Internal Revenue Services. Called OpenAI, the nonprofit told the IRS its goal was to “advance digital intelligence in the way that is most likely to benefit humanity as […]

Oct 12, 2024 - 13:05
Documents show OpenAI’s long journey from nonprofit to $157B valued company --[Reported by Umva mag]
Back in 2016, a scientific research organization incorporated in Delaware and based in Mountain View, California, applied to be recognized as a tax-exempt charitable organization by the Internal Revenue Services. Read More




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