Re:Musk sues Altman seeking a return to open source and non-...
by wbl on Friday March 01, 2024 @12:34PM
(#39564259)
No. MozCo is for profit owned by Mozilla Foundation which does additional things to satisfy the IRS and has been that way since the begining.
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Re:Musk sues Altman seeking a return to open source and non-...
by dragonwriter on Friday March 01, 2024 @12:36PM
(#39564280)
That's the same basic structure, on paper, as OpenAI, it didn't “switch to for-profit” in terms of taking the nonprofit entity and converting it to a for-profit.
Re:Musk sues Altman seeking a return to open source and non-...
by wkat4242 on Friday March 01, 2024 @12:39PM
(#39564328)
Not since the beginning. They made it that way after beef with the IRS.
I wish they hadn't because they are thinking too commercial (extremely high paid CEO) for instance but they have a foundation to answer to which doesn't manage them like shareholders would (eg not rewarding the CEO for dropping marketshare!). This model is the worst of both worlds imo.