Even a couple of years ago it was mindboggling to look at their corporate structure: A non-profit parent entity with a wholly owned for-profit subsidiary (actu

Even a couple of years ago it was mindboggling to look at their corporate structure: A non-profit parent entity with a wholly owned for-profit subsidiary (actually, the non-profit wholly owns and controls a third "manager" entity which in turn is the controlling but not majority shareholder of the for-profit subsidiary) where the profit of the for-profit entity is "capped" and oh by the way, that for-profit subsidiary has a 49% shareholder who happens to be Microsoft (but despite a 49% stake gets 75% of their profit..........until their initial investment is recouped). Employees get Profit Participation Units (PPUs) which are NOT equity but which entitle employees to a percentage of profits, again up to the "cap". Then of course, when OpenAI achieves AGI, whatever the hell that is is, then everything from that point forward reverts back to the non-profit entity. I know it's changed since then, but it has always been a sort of financial Rube Goldberg contraption setup.