The Midas Project has lodged a complaint with the IRS, alleging that OpenAI’s CEO Sam Altman’s dual roles conflict with nonprofit tax policies.

The Midas Project claims that OpenAI has loosened safeguards, creating financial conflicts and misuse of funds.

The complaint accuses OpenAI board members of having major financial conflicts threatening its nonprofit status.

Detailed in the filing are CEO Altman’s roles, suggesting profit potential at the nonprofit’s expense.

Midas aims to ensure AI benefits everyone, not just corporations like OpenAI.

  • Potential board conflicts at OpenAI

  • Midas Project’s role and mission

  • Impact on OpenAI’s nonprofit status

Learn more from detailed insights by visiting the IRS and Midas Project’s documentation online.