The nonprofit board will retain control, but now investor billions hang in the balance. In an official OpenAI blog post announcing the latest restructuring decision, CEO Sam Altman wrote: "We made the decision for the non-profit to stay in control after hearing from civic leaders and having discussions with the offices of the Attorneys General of California and Delaware." The move represents a significant shift in OpenAI's proposed restructuring. While the most recent previous version of the company's plan (which we covered in December) would have established OpenAI as a Public Benefit Corporation with the nonprofit merely holding shares and having limited influence, the revised approach keeps the nonprofit firmly in control of operations.