Have you ever wondered who owns OpenAI? You wouldn't be the first to ask that question, but it's surprisingly difficult to find an answer.
OpenAI started a widespread boom in artificial intelligence (AI) in November 2022. The release of the ChatGPT chatbot, based on a powerful large language model (LLM), set new standards for what AI could do. Before ChatGPT, many saw AI as a mysterious technology trick. After some hands-on experience with ChatGPT, skepticism has evolved into a mix of wonder, fear, and enthusiasm about a computer system's ability to mimic human intelligence in many ways.
Related AI tools like the DALL-E image creation system and the Sora video generator put more wind in OpenAI's sails. One year later, OpenAI partners such as Microsoft (MSFT -0.52%) and Nvidia (NVDA -3.85%) had added billions of dollars to their market caps, largely thanks to their involvement with the ChatGPT phenomenon.
However, OpenAI is not a publicly traded company. The driving force behind the AI frenzy that started in 2022 is a very private business managed as a "capped-profit" organization.
So, who owns OpenAI? Well, it's complicated. Let's figure it out together.
OpenAI's ambitious goals in AI research
OpenAI was founded in December 2015. It was a nonprofit company at first, aiming to "advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return."
The absence of financial goals, such as creating value for shareholders, allowed OpenAI to pursue its world-changing goals without distractions.
The capped-profit structure remains in 2025. The company has updated its mission statement, now aimed at "ensuring that safe artificial general intelligence is developed and benefits all of humanity." In the same breath, the company also says that it might never make a profit -- and it is "under no obligation to do so."
Who is on the board of directors for OpenAI Nonprofit?
The OpenAI Nonprofit organization has shared a few specific details about its operation, including a complete list of active board members. The original OpenAI Nonprofit board was revamped with the introduction of OpenAI LP and then again when Altman returned to OpenAI after a brief pause. The board has added more members on several occasions.
OpenAI does not disclose the board members' financial interests in the company, but the independent members must have no ownership of the organization at any given time. As mentioned earlier, that describes all board members except CEO Sam Altman at the time of writing.
The member list includes some familiar names:
- Chairman Bret Taylor is a tech industry veteran with C-suite and boardroom stints at giants including Shopify (NYSE:SHOP), Salesforce (CRM -2.64%), Twitter (now X), and Facebook, which is now Meta Platforms (META -1.63%).
- Larry Summers is president emeritus of Harvard University. He also served as the treasury secretary for former President Bill Clinton, director of the National Economic Council for former President Barack Obama, and chief economist of the World Bank.
- Adam D'Angelo was the chief technical officer of Facebook from 2006-08. He co-founded the question-and-answer forum Quora in 2009 and still serves as the private company's CEO.
- Dr. Sue Desmond-Hellmann has a long history of top-level leadership in organizations such as the Gates Foundation, Genentech, Procter and Gamble (PG -0.57%), and the University of California, San Francisco (UCSF).
- Nicole Seligman is a lawyer, a member of several corporate boards, and a former Sony (SONY -0.23%) executive.
- Fidji Simo is the CEO and chair of Instacart (CART -2.62%).
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About the Author
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Anders Bylund has positions in Amazon and Nvidia. The Motley Fool has positions in and recommends Amazon, Meta Platforms, Microsoft, Nvidia, Salesforce, Shopify, and Tesla. The Motley Fool recommends Instacart and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
