Last Updated on March 23, 2026 by Daily News Staff

Alnoor Ebrahim, Tufts University

OpenAI, the artificial intelligence company that developed the popular ChatGPT chatbot and the text-to-art program Dall-E, is at a crossroads. On Oct. 2, 2024, it announced that it had obtained US$6.6 billion in new funding from investors and that the business was worth an estimated $157 billion – making it only the second startup ever to be valued at over $100 billion.

Unlike other big tech companies, OpenAI is a nonprofit with a for-profit subsidiary that is overseen by a nonprofit board of directors. Since its founding in 2015, OpenAI’s official mission has been “to build artificial general intelligence (AGI) that is safe and benefits all of humanity.”

By late September 2024, The Associated Press, Reuters, The Wall Street Journal and many other media outlets were reporting that OpenAI plans to discard its nonprofit status and become a for-profit tech company managed by investors. These stories have all cited anonymous sources. The New York Times, referencing documents from the recent funding round, reported that unless this change happens within two years, the $6.6 billion in equity would become debt owed to the investors who provided that funding.

The Conversation U.S. asked Alnoor Ebrahim, a Tufts University management scholar, to explain why OpenAI’s leaders’ reported plans to change its structure would be significant and potentially problematic.

How have its top executives and board members responded?

There has been a lot of leadership turmoil at OpenAI. The disagreements boiled over in November 2023, when its board briefly ousted Sam Altman, its CEO. He got his job back in less than a week, and then three board members resigned. The departing directors were advocates for building stronger guardrails and encouraging regulation to protect humanity from potential harms posed by AI.

Over a dozen senior staff members have quit since then, including several other co-founders and executives responsible for overseeing OpenAI’s safety policies and practices. At least two of them have joined Anthropic, a rival founded by a former OpenAI executive responsible for AI safety. Some of the departing executives say that Altman has pushed the company to launch products prematurely.

Safety “has taken a backseat to shiny products,” said OpenAI’s former safety team leader Jan Leike, who quit in May 2024.

Why would OpenAI’s structure change?

OpenAI’s deep-pocketed investors cannot own shares in the organization under its existing nonprofit governance structure, nor can they get a seat on its board of directors. That’s because OpenAI is incorporated as a nonprofit whose purpose is to benefit society rather than private interests. Until now, all rounds of investments, including a reported total of $13 billion from Microsoft, have been channeled through a for-profit subsidiary that belongs to the nonprofit.

The current structure allows OpenAI to accept money from private investors in exchange for a future portion of its profits. But those investors do not get a voting seat on the board, and their profits are “capped.” According to information previously made public, OpenAI’s original investors can’t earn more than 100 times the money they provided. The goal of this hybrid governance model is to balance profits with OpenAI’s safety-focused mission.

Becoming a for-profit enterprise would make it possible for its investors to acquire ownership stakes in OpenAI and no longer have to face a cap on their potential profits. Down the road, OpenAI could also go public and raise capital on the stock market.

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Altman reportedly seeks to personally acquire a 7% equity stake in OpenAI, according to a Bloomberg article that cited unnamed sources.

That arrangement is not allowed for nonprofit executives, according to BoardSource, an association of nonprofit board members and executives. Instead, the association explains, nonprofits “must reinvest surpluses back into the organization and its tax-exempt purpose.”

What kind of company might OpenAI become?

The Washington Post and other media outlets have reported, also citing unnamed sources, that OpenAI might become a “public benefit corporation” – a business that aims to benefit society and earn profits.

Examples of businesses with this status, known as B Corps., include outdoor clothing and gear company Patagonia and eyewear maker Warby Parker.

It’s more typical that a for-profit business – not a nonprofit – becomes a benefit corporation, according to the B Lab, a network that sets standards and offers certification for B Corps. It is unusual for a nonprofit to do this because nonprofit governance already requires those groups to benefit society.

Boards of companies with this legal status are free to consider the interests of society, the environment and people who aren’t its shareholders, but that is not required. The board may still choose to make profits a top priority and can drop its benefit status to satisfy its investors. That is what online craft marketplace Etsy did in 2017, two years after becoming a publicly traded company.

In my view, any attempt to convert a nonprofit into a public benefit corporation is a clear move away from focusing on the nonprofit’s mission. And there will be a risk that becoming a benefit corporation would just be a ploy to mask a shift toward focusing on revenue growth and investors’ profits.

Many legal scholars and other experts are predicting that OpenAI will not do away with its hybrid ownership model entirely because of legal restrictions on the placement of nonprofit assets in private hands.

But I think OpenAI has a possible workaround: It could try to dilute the nonprofit’s control by making it a minority shareholder in a new for-profit structure. This would effectively eliminate the nonprofit board’s power to hold the company accountable. Such a move could lead to an investigation by the office of the relevant state attorney general and potentially by the Internal Revenue Service.

What could happen if OpenAI turns into a for-profit company?

The stakes for society are high.

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AI’s potential harms are wide-ranging, and some are already apparent, such as deceptive political campaigns and bias in health care.

If OpenAI, an industry leader, begins to focus more on earning profits than ensuring AI’s safety, I believe that these dangers could get worse. Geoffrey Hinton, who won the 2024 Nobel Prize in physics for his artificial intelligence research, has cautioned that AI may exacerbate inequality by replacing “lots of mundane jobs.” He believes that there’s a 50% probability “that we’ll have to confront the problem of AI trying to take over” from humanity.

And even if OpenAI did retain board members for whom safety is a top concern, the only common denominator for the members of its new corporate board would be their obligation to protect the interests of the company’s shareholders, who would expect to earn a profit. While such expectations are common on a for-profit board, they constitute a conflict of interest on a nonprofit board where mission must come first and board members cannot benefit financially from the organization’s work.

The arrangement would, no doubt, please OpenAI’s investors. But would it be good for society? The purpose of nonprofit control over a for-profit subsidiary is to ensure that profit does not interfere with the nonprofit’s mission. Without guardrails to ensure that the board seeks to limit harm to humanity from AI, there would be little reason for it to prevent the company from maximizing profit, even if its chatbots and other AI products endanger society.

Regardless of what OpenAI does, most artificial intelligence companies are already for-profit businesses. So, in my view, the only way to manage the potential harms is through better industry standards and regulations that are starting to take shape.

California’s governor vetoed such a bill in September 2024 on the grounds it would slow innovation – but I believe slowing it down is exactly what is needed, given the dangers AI already poses to society.

Alnoor Ebrahim, Thomas Schmidheiny Professor of International Business, The Fletcher School & Tisch College of Civic Life, Tufts University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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Testing the Slate Truck

The affordable electric pickup from Slate Auto is continuing to gain attention as the startup moves closer to production. One of the most visible recent developments came when legendary car collector and TV host Jay Leno featured the truck on his popular YouTube series Jay Leno’s Garage.

The episode offered one of the most detailed looks yet at the upcoming Slate Truck, including a real-world test drive, design insights, and a closer look at the company’s philosophy behind building what could become one of America’s most affordable electric vehicles.

Watch the Jay Leno Test Drive

What Jay Leno Revealed About the Slate Truck

During the episode, Leno drove a pre-production prototype of the truck while engineers from Slate Auto explained the design approach.

Unlike many modern EVs packed with luxury features, the Slate Truck is intentionally simple.

Key highlights from the test drive include:

A Focus on Simplicity and Repairability

One of the most notable ideas behind the truck is that it is designed to be easy to repair and modify. Instead of relying on proprietary parts or complex electronics, the vehicle uses a more straightforward architecture that could allow owners or independent mechanics to work on it.

This approach contrasts with many EVs that require dealership service or specialized tools.

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Modular Body Panels and Customization

The Slate Truck is built around a modular platform with removable exterior panels and optional accessory kits.

According to the company, owners will be able to customize the vehicle with:

Different body panel styles Accessory racks and cargo options A potential conversion kit that can transform the pickup into a small SUV

The idea is to allow the vehicle to evolve with the owner’s needs over time.

Minimalist Interior

Inside the prototype shown to Leno, the truck features a very basic interior layout.

Instead of a large infotainment system, the vehicle relies heavily on smartphone integration and simpler controls to keep costs down. This minimalist philosophy is part of the company’s effort to build a lower-cost EV.

Pricing and the “Affordable EV” Promise

When the truck was first revealed in 2025, Slate Auto suggested the vehicle could cost under $20,000 after incentives.

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However, with changes to federal EV incentives and updated pricing expectations, analysts now estimate the truck will likely start around the mid-$20,000 range.

Even at that price, the vehicle could still become one of the most affordable electric trucks available in the United States.

Production Plans in Indiana

The company plans to manufacture the truck in Warsaw, Indiana, where a large former industrial facility is being converted into an EV factory.

Production targets include:

Production start: Late 2026 Early deliveries: Possibly 2027 Potential capacity: Up to about 150,000 vehicles per year once fully ramped

Strong early interest has also been reported, with more than 100,000 reservations placed for the truck shortly after its reveal.

A Different Kind of Electric Truck

The Slate Truck is entering a market where most electric pickups—such as the Ford F-150 Lightning and Rivian R1T—sit at much higher price points.

Rather than competing on luxury or performance, the Slate Truck is aiming to fill a different niche: a practical, customizable, and relatively affordable electric work vehicle.

If the company can deliver on its promises, it could open the door to a new category of budget-friendly EVs.

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For now, the test drive on Jay Leno’s Garage provides one of the clearest glimpses yet at how the truck might perform in the real world.

Related Coverage on STM Daily News

• Automotive News and Innovation – STM Daily News
• Boom Supersonic and the Overture: The Return of Commercial Supersonic Travel
• The Evolution of Public Transportation in Los Angeles
• Technology News and Emerging Innovations

Further Reading and Information

• Slate Auto Official Website
• Watch the Slate Truck Test Drive on Jay Leno’s Garage
• Car and Driver: First Look at the Slate Truck
• TechCrunch: Slate Auto Leadership Changes Ahead of Launch
• InsideEVs: Latest Electric Vehicle News

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In the vast digital landscape of the internet, strange phenomena occasionally emerge that leave investigators, tech enthusiasts, and everyday viewers scratching their heads. One of the most puzzling cases appeared in 2015, when a mysterious YouTube channel called Unfavorable Semicircle began uploading an astonishing number of cryptic videos.

Within months, the channel had published tens of thousands of bizarre clips, many of which seemed random, incomprehensible, and visually chaotic. But as internet detectives began analyzing the content more closely, they discovered that these videos might not have been random at all.

The Sudden Appearance of an Internet Mystery

The Unfavorable Semicircle channel reportedly appeared in March 2015, with its first uploads arriving in early April.

Almost immediately, the channel began publishing videos at an incredible pace. Observers estimated that the account uploaded thousands of videos per week, sometimes multiple videos per minute. By the time the channel disappeared in early 2016, researchers believed it had uploaded well over 70,000 videos, possibly far more.

The scale alone made the project seem impossible for a human to manage manually.

Strange Visuals and Cryptic Titles

Most of the videos shared similar characteristics:

• Extremely short or very long runtime
• Abstract visuals such as flashing colors, static, or distorted imagery
• Little or no audio, or heavily distorted sounds
• Titles made of random characters, symbols, or numbers

To casual viewers, the videos looked like pure digital noise. However, online investigators suspected something more deliberate was happening.

Hidden Images Discovered

The mystery deepened when researchers began extracting individual frames from some videos.

When thousands of frames from certain clips were stitched together, the results sometimes formed coherent images. One of the most famous examples involved a video titled “LOCK.” While the footage appeared chaotic at first, combining the frames revealed a recognizable composite image.

This discovery suggested the videos were carefully constructed rather than random uploads.

Theories About the Channel’s Purpose

Because the creator never explained the project, several theories emerged across Reddit, YouTube, and internet forums.

Automated Experiment
Many believe the channel was created using automated software that generated and uploaded content at scale.

Alternate Reality Game (ARG)
Some viewers suspected the channel might be part of a hidden puzzle or digital scavenger hunt.

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Encrypted Communication
Others compared the channel to Cold War “numbers stations,” suggesting the videos could contain coded messages.

Digital Art Project
Another theory suggests the channel was an experimental art project exploring algorithms, data, and visual noise.

Despite years of investigation, no single explanation has been confirmed.

Why the Channel Disappeared

In February 2016, YouTube removed the channel, reportedly due to spam or automated activity violations.

By that time, the channel had already become a minor internet legend. Fortunately, some researchers managed to archive a large portion of the videos before they disappeared.

Even today, archived clips continue to circulate online as investigators attempt to decode them.

Other Mysterious YouTube Channels

The Unfavorable Semicircle mystery is not the only strange case on YouTube.

One well-known example is Webdriver Torso, a channel that uploaded hundreds of thousands of videos showing red and blue rectangles with simple beeping sounds. Internet speculation ran wild before Google eventually confirmed it was an internal YouTube testing account.

Another example is AETBX, which posts distorted visuals and unusual audio that some viewers believe contain hidden patterns or encoded information.

These cases highlight how automation, experimentation, and creativity can sometimes blur the line between technology and mystery.

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A Digital Mystery That Remains Unsolved

Nearly a decade later, the true purpose behind Unfavorable Semicircle remains unknown.

Was it a sophisticated experiment? A piece of algorithmic art? Or simply an automated test that accidentally captured the internet’s imagination?

Whatever the explanation, the channel stands as a reminder that even in a world filled with billions of videos and endless information, the internet can still produce mysteries that challenge our understanding of technology.

Why Internet Mysteries Still Fascinate Us

Stories like Unfavorable Semicircle capture attention because they combine technology, creativity, and the unknown. They invite people from around the world to collaborate, analyze patterns, and search for meaning hidden in the noise.

And sometimes, the most intriguing part of the mystery is that the answer may never fully be known.

Related Coverage & Further Reading

• Atlas Obscura – The Unsettling Mystery of the Creepiest Channel on YouTube
• Her Campus – Top 5 Most Obscure Internet Mysteries
• Medium – Unfavorable Semicircle: The YouTube Mystery No One Can Solve
• Gazette Review – Top 10 Strangest YouTube Channels Ever
• Decoding the Unknown – Unfavorable Semicircle YouTube Mystery Archive
• Wikipedia – Unfavorable Semicircle

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