“By March 2019, OpenAI shed its non-profit status and set up a “capped profit” sector, in which the company could now receive investments and would provide investors with profit capped at 100 times their investment.”
OpenAI launched in 2015 promising to share its papers, code and patents with the world, “unconstrained by a need to generate financial return.” Four years later it capped investor returns at 100x and took $1 billion from Microsoft. GPT-3 went exclusively to Microsoft and its source never shipped. A 100x cap is not a cap. It is a business plan with a nonprofit logo on it.