Documents show OpenAI’s long journey from nonprofit to $157B valued company

FILE - The OpenAI logo appears on a mobile phone in front of a computer screen with random binary data, March 9, 2023, in Boston. Photo: RSS

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Back in 2016, a scientific research organization incorporated in Delaware and based in Mountain View, California, applied to be recognized as a tax-exempt charitable organization by the Internal Revenue Service.

Called OpenAI, the nonprofit told the IRS its goal was to “advance digital intelligence in the way that is most…



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