At creation a company's purpose is defined in its memorandum & articles of association, in this case OpenAI's would be to achieve AGI and to better humanity thr

At creation a company's purpose is defined in its memorandum & articles of association, in this case OpenAI's would be to achieve AGI and to better humanity through the development and provision of AI models. This is how the company creates value and sustains itself. Whether it is for-profit or not-for-profit is a different point. In this case it is clearly for profit and it should be registered and taxed as such. They try avoid the implied obligation through a creative case of running a company held by a "foundation". A tax avoidance scheme basically.