We’ve created OpenAI LP, a new “capped-profit” company that allows us to rapidly increase our investments in compute and talent while including checks and balances to actualize our mission. openai.com/blog/openai-lp/
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So here's the big question, does OpenAI LP have access to GPT-2, or other IP that the general public doesn't have access to?
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i.e., how are you avoiding a 501(c)(3) 'self dealing' violation?
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@gdb I think we're missing some key details.
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All transactions between the Nonprofit and the LP were approved by a subset of the Board — only directors without a financial interest in the LP. We had the fair market value of anything transferred from the nonprofit to the LP determined by an outside firm.

Mar 11, 2019 · 6:29 PM UTC

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Replying to @gdb @OpenAI
Thanks. Will you be releasing the FMV placed on assets and talent?
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