Fact

OpenAI — Legal Structure: Capped-profit LLC

OpenAI's

confirmed95% confidence

1 evidence check

Last checked: 3/31/2026

The claim states that OpenAI's legal structure as of 2019-03 was a capped-profit LLC (with a subsidiary OpenAI LP). The source is dated March 11, 2019, and explicitly describes the creation of OpenAI LP as a 'capped-profit' entity. The temporal match is exact (2019-03 = March 2019). The source confirms both the timing and the capped-profit structure. The only minor note is that the source refers to it as a 'capped-profit company' rather than explicitly using 'LLC' terminology, but the substance of the claim—that it is a capped-profit structure created in March 2019—is directly confirmed.

Evidence — 1 source, 1 check

openai.com/blog/openai-lp(1 check)

confirmed95%primaryHaiku 4.5 · 3/31/2026

Found: OpenAI created OpenAI LP as a 'capped-profit' company on March 11, 2019. The source states: 'Our solution is to create OpenAI LP as a hybrid of a for-profit and nonprofit—which we are calling a "cappe…

Note: The claim states that OpenAI's legal structure as of 2019-03 was a capped-profit LLC (with a subsidiary OpenAI LP). The source is dated March 11, 2019, and explicitly describes the creation of OpenAI LP as a 'capped-profit' entity. The temporal match is exact (2019-03 = March 2019). The source confirms both the timing and the capped-profit structure. The only minor note is that the source refers to it as a 'capped-profit company' rather than explicitly using 'LLC' terminology, but the substance of the claim—that it is a capped-profit structure created in March 2019—is directly confirmed.

Debug info

Record type: fact

Record ID: f_tuq7f39JMg