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‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after his $50M investment

OpenAI was originally formed as a nonprofit entity to ensure it was free to achieve its stated goal and then became a for-profit company back in 2019.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after his $50M investment

OpenAI was originally formed as a nonprofit entity to ensure it was free to achieve its stated goal and then became a for-profit company back in 2019.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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