What the Openai Restructuring Plan means for the future of companies

Openai said on Monday that he is following a new restructuring plan after talks with Dillauer and California lawyers, both of whom were closely watching while Openai tried to free from its strange commercial structure.

Currently, the non -profit Openai Council rules the processes of profit organization. Under the new plan, the Openai arm for the purpose of profit will become a public interest company (PBC) but will continue to be dominated by non -profit Openai.

The new restructuring plan may be sufficient to satisfy the organizers and the Openai investors, who have Pour billions in the company Expecting the return of one day. But it can also throw a key in future Openai plans, especially if the company is seeking to announce it one day.

Public subscription path

Last December, Openai has set a path that would allow him to rotate his profit arm from under the control of a non -profit plate, which adheres to some obligations, including a condition in its charter to ensure this Artificial general intelligence (AGI) interest on humanity.

That plan came out of the window on Monday. Openai now intends to have its non -profit control and be a major contributor to the above PBC.

Besides allowing Openai to work more like a traditional company, the simplest structure can open the door to Openai’s additional capital by moving to public subscription. Looking at the Openai scale, The huge amount of cash that is burningThe massive interest of the audience, it seems that the public subscription may be explored by Openai in the end.

Stephen Diamond, a professor of corporate governance at the University of Santa Clara, told Techcrunch that there is a very narrow path to Openai to become a public company under the recently proposed transfer plan. While non -profit organizations cannot be exposed to the public, PBCS can.

However, there He is The question was about what Openai OpenAI could have Openai Openai to the public subscription.

Diaond said in an interview. “But if PBC does not possess and controls the primary IP, but it is only licensed to use it, what is the public subscription? This is the challenge.”

Diamond noted that we do not know the fine details of the Openai’s plan and that it is unclear whether it will be successful in the end. In an e -mail to Techcrunch, Openai Steve Sharp spokesman said that non -profit from Openai will continue to control the company’s technology and that although OpenAi has no intention for the public at this time, the public subscription will be “theoretical” possible in theory under the proposed structure.

Rose Chan Lowe, founding executive director of the Law Program at the University of California, Los Angeles, said about charitable works and non -profit organizations, if non -profit from Openai truly controls the critical technology of the organization, then shareholders will not have many company decisions. Contrary to the purchase of shares in a model company, Openai shareholders will know that their impact on the company is limited.

“I think the public subscription is much more difficult in this scenario,” Louis said in an interview with Techcrunch.

Bending to pressure

Openai was pressed on all sides while trying to restructure.

Only last week, a group of former Openai staff asked California and Dillauer lawyer in the year It was in contradiction with the Openai charitable roots. Both public prosecutors told Techcrunch that they are reviewing the new Openai.

Openai’s suggestion also needs to satisfy the company’s largest investors, including Microsoft and SoftBank, who Investments of millions of dollars It is said The joint Openai get a kind of restructuring on the finish line. The company’s new Openai’s plan gives the company a more traditional capital structure, which means that employees, investors and non -profit organizations will keep directly.

Microsoft has not given its blessing to Openai on the new corporate structure, I mentioned Bloomberg on monday. The cloud provider wants to make sure that the new structure is appropriately protecting its investments worth billions of dollars in Openai. It is not clear whether the other main stakeholders have agreed to the deal.

No one put more pressure on the Openai’s restructuring of Elon Musk. The billionaire, who participated in the founding of Openai and is now competing with it through AI Startup Xai, presented an offer to acquire $ 97 billion to raise the price of non -profit Openai assets The gums are the transfer of the maker, I wanted. Musk also restructured Openai with a central point in a lawsuit against startup and Microsoft. In essence, Musk Openai’s suit is accused of abandoning its non -profit mission to develop AGI and its widespread distribution.

Last week, A federal judge denied many Openai’s suggestions To reject allegations in the Musk suit. According to Diamond, this was a modest victory for Musk and may play a role in the variable Openai path. However, in a briefing with the members of the press on Monday, Altman And according to what he reported The case had any effect on Openai’s plans.

Mark Tiprov, the main MUSK lawyer in his case against Openaii, Techcrunch, told the company’s new restructuring plan “nothing”, which means that Musk will not be quickly to drop the case.