California investigating OpenAI
2025-01-30 16:51:15.263402+01 by Dan Lyke 0 comments
Cal Matters: California is investigating OpenAI’s conversion to a for-profit company
In a letter sent to the ChatGPT maker Dec. 6, deputy attorney general Christopher Lamerdin cited clauses in OpenAI’s articles of incorporation under which “OpenAI’s assets are irrevocably dedicated to its charitable purpose,” as Lamerdin put it, as well as the office’s “responsibility to protect assets held in charitable trust.” In addition to asking about asset transfers, it sought information on OpenAI’s restructuring plan and the value of its assets.