OpenAI Drops Profit Cap in Bold Restructure—Microsoft’s Approval Still Pending

OpenAI just ripped off its financial training wheels. The AI lab removed its profit cap in a sweeping restructure, betting big on unfettered commercial ambition. Microsoft—OpenAI’s $10B sugar daddy—hasn’t signed off yet. Cue the regulatory side-eye.
The move signals a hard pivot from OpenAI’s original ’capped-profit’ idealism. Now it’s racing Meta, Google, and a dozen VC-funded startups to monetize AGI. Because nothing ensures ethical AI development like a gold rush.
Wall Street’s already salivating. ’This proves AI is the new oil,’ muttered one hedge fund manager between lines of cocaine. Meanwhile, ethicists are drafting their resignation letters.
Log in to Reply
Log in to comment your thoughtsComments
Related Articles
|Square
Get the BTCC app to start your crypto journey
Get started today Scan to join our 100M+ users