The SoftBank CFO said OpenAI’s planned restructuring with the nonprofit keeping control is something that was expected.
SoftBank's finance chief Yoshimitsu Goto said during an earnings press conference on Tuesday that"nothing has really changed" with OpenAI and its restructure plan.
OpenAI announced last month that its non-profit arm would retain control over the for-profit entity, which would transform into a public benefit corporation. The AI startup was originally looking to remove the control of the non-profit, a plan that drew criticism from many in the tech space, including rival and initial OpenAI co-founderSince the non-profit would retain control, and the original restructure plan was ditched, it was unclear if OpenAI's major investors were on board.
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