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Several organizations have collaboratively petitioned the Attorney General of California to halt OpenAI's transition into a for-profit enterprise, alleging that this move undermines its philanthropic goal of advancing safe artificial intelligence and redistributing AI benefits to a select few investors and senior executives. OpenAI asserts that this transformation is necessary to secure additional funding to sustain its mission. Nevertheless, the petitioners contend that such a shift could jeopardize the public interest and urge the Attorney General to intervene, safeguarding charitable assets. OpenAI aims to convert into a public benefit corporation within the next two years; failure to do so could result in its funds being reclassified as debt.
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