Fact

OpenAI Foundation — key-event: Profit cap removed as part of PBC restructuring

unverifiable85% confidence

1 evidence check

Last checked: 3/31/2026

While the source confirms the PBC restructuring occurred in October 2025 and describes the new structure where the Foundation holds equity, it does not explicitly address the specific claim about the profit cap being removed. The source discusses the new structure (Foundation holds equity, for-profit is now a PBC) but does not mention the old 100x profit cap mechanism or its removal. The claim's specific detail about the profit cap cannot be verified from this source text alone.

Evidence — 1 source, 1 check

openai.com/index/built-to-benefit-everyone/(1 check)

unverifiable85%primaryHaiku 4.5 · 3/31/2026

Found: The source states that OpenAI completed a recapitalization and restructured to a public benefit corporation (PBC), with the nonprofit (OpenAI Foundation) holding equity in the for-profit. However, the…

Note: While the source confirms the PBC restructuring occurred in October 2025 and describes the new structure where the Foundation holds equity, it does not explicitly address the specific claim about the profit cap being removed. The source discusses the new structure (Foundation holds equity, for-profit is now a PBC) but does not mention the old 100x profit cap mechanism or its removal. The claim's specific detail about the profit cap cannot be verified from this source text alone.

Debug info

Record type: fact

Record ID: f_oaif_profit_cap_removed