The Midas Project has filed a complaint with the IRS against OpenAI, alleging violations of nonprofit tax rules due to CEO Sam Altman's dual roles. The complaint claims that OpenAI's board has significant financial conflicts of interest, particularly regarding Altman's potential personal profit from the organization’s restructuring. The Midas Project asserts that OpenAI has disregarded its nonprofit mission by prioritizing financial gain, claiming this shift poses risks to the public interest. The complaint cites conflicts involving several board members whose companies benefit financially from their association with OpenAI. Following an earlier transformation push to a for-profit structure, OpenAI has reiterated its commitment to its nonprofit origins, amidst ongoing scrutiny and the need for regulatory investigation to uphold its initial promise of advancing artificial intelligence for public benefit.

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