> Tech Even as Sam Altman-led OpenAI transitions from its earlier non-profit status to becoming for-profit, the consensus among rivals, some ex-founders, ex-employees, and other AI experts has been the same - halt the OpenAI express. Earlier in 2019, OpenAI announced its “capped profit” structure, three years after the founding of the OpenAI nonprofit, to power its arm for the development of AGI (artificial general intelligence), which would outperform humanity on several fronts, notwithstanding the risk that ships with it. In its portal, the AI company argues as follows why the nonprofit model wouldnt sustain its R&D of an AGI. We initially believed a 501(c)(3) would be the most effective vehicle to direct the development of safe and broadly beneficial AGI while remaining unencumbered by profit incentives. We committed to publishing our research and data in cases where we felt it was safe to do so and would benefit the public. We always suspected that our project would be capital intensive, which is why we launched with the goal of $1 billion in donation commitments. Yet over the years, OpenAI’s Nonprofit received approximately $130.5 million in total donations, which funded the Nonprofit’s operations and its initial exploratory work in deep learning, safety, and alignment. It became increasingly clear that donations alone would not scale with the cost of computational power and talent required to push core research forward, jeopardizing our mission.