OpenAI LP Announcement

Published:Mar 11, 2019 07:00
1 min read
OpenAI News

Analysis

OpenAI has established a new corporate structure, OpenAI LP, designed to facilitate increased investment in resources like computing power and personnel. The structure is described as "capped-profit," suggesting a focus on mission-driven goals alongside financial considerations. The announcement emphasizes the inclusion of checks and balances to ensure the company's mission is upheld.

Key Takeaways

Reference

We’ve created OpenAI LP, a new “capped-profit” company that allows us to rapidly increase our investments in compute and talent while including checks and balances to actualize our mission.