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Documents show OpenAI's long journey from nonprofit to $157B valued company

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(AP) — Back in 2016, the artificial intelligence maker OpenAI had just incorporated as a nonprofit and applied to the Internal Revenue Service for tax-exempt status.

The application shows the vast distance OpenAI and the technology that it researches and develops has traveled in under a decade.

At the time, OpenAI told the IRS it did not plan to enter into any joint ventures with for-profit organizations, which it has since. It also said it did “not plan to play any role in developing commercial products or equipment.”

A spokesperson for OpenAI, Liz Bourgeois, said the organization’s mission has remained constant, though the way it’s carried it out has evolved.