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Fortune
Fortune
Sharon Goldman

OpenAI's new nonprofit commission may have a lot more to do with maximizing profits than philanthropy

OpenAI CEO Sam Altman during the AI Action Summit in Paris, France, on Tuesday, Feb. 11, 2025. (Photo: Nathan Laine/Bloomberg/Getty Images) (Credit: Nathan Laine—Bloomberg via Getty Images)

Welcome to Eye on AI! In today’s edition: OpenAI announces a new nonprofit commission...Nvidia reportedly kept some China customers in the dark about new U.S. chip clampdown...Sources say OpenAI is in talks to buy Windsurf for about $3 billion...A new AI-powered undercover bot for cops.

In a blog post on Tuesday, OpenAI announced the members of a recently formed nonprofit commission that will inform the company’s future philanthropic efforts.

From the company’s perspective, the new commission was, in part, designed to signal that just because OpenAI wants to convert itself into a for-profit public benefit corporation (a B Corp.), its nonprofit organization, which will still own a good chunk of the for-profit entity’s equity, “isn’t going anywhere.” 

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