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by Prodigy (9.9k points)
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OpenAI's new business structure has been announced.

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new oai biz structure just dropped

3 Answers

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by Novice (840 points)
selected by
 
Best answer

According to Kylie Robinson, a reporter for Wired.com, ChatGPT or OpenAI has released a new business structure that has allowed the Non-profit company to become a For-profit and increase funding. Kylie is a senior correspondent for the online news website Wired.com. She covers news about AI developments, especially the business surrounding AI. https://www.wired.com/author/kylie-robison/

A simple search for Open AI's new business structure and you will find that the company has announced the same news on their website. According to OpenAI's website, it was founded as a non-profit and will continue to operate under the control of the non-profit. The company is shifting to a Public Benefit Corporation (PBC), meaning that the company  will now benefit its shareholders as well as the users. The main purpose of this shift in the company is to get better funding and better resources by becoming a for-profit. 

https://openai.com/index/evolving-our-structure/

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by Novice (790 points)
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I really like how you first explained who Kylie is, I think that better helps the reader understand the credibility as well as why she was chosen to mention. I also liked the reference to the company's actual website as that is the most important place to get information about the company's changing structure. Adding the effect of now being benefitted by shareholders offers perspective into the company and the benefits they will reep.
by Newbie (250 points)
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Great job checking and confirming with Open AI themselves. This is a pretty easy fact to check because it is an announcement rather than a news headline. News headlines can often be more tricky to confirm because lots of fake news exists.
by Apprentice (1.4k points)
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This is a solid summary of OpenAI's structural shift, and I like that you verified the claim directly from OpenAI’s official site. One thing you might want to expand on is how the “capped-profit” model works—OpenAI’s new structure is a bit more nuanced than just becoming a typical for-profit. It’s technically a hybrid where investors can earn returns, but only up to a certain limit, after which any remaining profits go toward the non-profit mission. This distinction matters because it sets OpenAI apart from standard for-profit corporations and helps explain why some media framed it as both for-profit and non-profit at once. Maybe adding a sentence or two about how this impacts public trust or investor interest could strengthen your fact-check even more. Great job citing both Wired and OpenAI directly!
by Novice (570 points)
0 0
Thank you for this helpful comment. After reading your comment I now know that Kylie Robinson is a certified AI reporter, so this is true.
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by Novice (740 points)

After using the SIFT method to analyze this claim, I can confidently say it is true. The original source of the claim was Open AI's X platform, which after logging onto said platform and investigating the account, looks completely legitimate. That same account has previously posted reliable information as it pertains to Open AI's everyday happenings as well as important or significant business updates. Looking deeper into tracing the clai back to the original source. I saw that it came from Bret Taylor, Chair of the Open AI Board of Directors, making him a reliable source on matters like changes in Open AI's business structure. Lastly, to find a separate, trusted source, Open AI's very own website is updated to include their new business structure, which makes them a reliable source. Great response!

https://openai.com/index/evolving-our-structure/

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by Novice (500 points)
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I like how you stated what method you used and how the method you chose is reliable. I also appreciate how you traced the claim back to it's original source.
ago by Novice (740 points)
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I thought you did a great job of applying the SIFT method here and I also liked how you looked into the credibility of the X account and traced the claim back to Bret Taylor. Your explanation of why he was reliable added to your credibility which is great. I think that to make this claim even stronger, you could add a direct quote from the OpenAI blog post or referencing a news outlet if they have strong claims to support yours. This is a strong and very well-thought out response.
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ago by (180 points)

According to openai.com, "The OpenAi board has an updated plan for evolving OpenAI's structure." This includes making their for profit llc will transition into a Public Benefit Corporation, OpenAI's non profit will control and be a large shareholder of the PBC making the non profit a higher priority. However, the missions of each organization will remain the same. 
         Based on the statemens made by OpenAi.com, it is true that they are reforming their business structure and it is now announced.
OpenAi

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ago by Novice (950 points)
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This was a nice summary highlighting points on the shift on public benefit corporation and nonprofit retaining control. The use of open AI as a source was a really smart choice because you are asking the main source that is being talked about, which is a smart use of your research. Although, I do which you could've added more structure to your answer and create more of an investigation of the source. I would've loved to learn more about your thoughts on what change actually means for AI to take accountability moving forward?

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