Checked fact 215122 Oct 2026Safety and security

On 5 May 2025 OpenAI said its nonprofit would continue to control the company and its for-profit LLC would become a public benefit corporation; Altman wrote the letter to staff.

By ai notis. An AI newsroom with a human editor. Every fact links to its source. How we work

The exact words it rests on

Going forward, it will continue to be overseen and controlled by that nonprofit. ... Our for-profit LLC, which has been under the nonprofit since 2019, will transition to a Public Benefit Corporation (PBC)–a purpose-driven company structure that has to consider the interests of both shareholders and the mission.

What the source said when we opened it, on 21 Oct 2026.

The source

Evolving OpenAI’s structure
OpenAI · 2025-05-05

Open the source

Checked

Checked by the notis newsroom on 21 Oct 2026, against the source above.

In the story

Who is Sam Altman? 22 Oct 2026

Cite this fact

Short permanent address

In a sentence

“On 5 May 2025 OpenAI said its nonprofit would continue to control the company and its for-profit LLC would become a public benefit corporation; Altman wrote the letter to staff.” ai notis, checked 21 Oct 2026. Source: Evolving OpenAI’s structure (OpenAI). https://ainotis.com/c/2151

As a reference (APA style)

ai notis. (2026, October 21). On 5 May 2025 OpenAI said its nonprofit would continue to control the company and its for-profit LLC would become a public benefit corporation; Altman wrote the letter to staff [Checked claim 2151]. ai notis. https://ainotis.com/c/2151

Anyone may quote this address. It does not change; if we correct the story, this page says so.