AI watchdog Midas Project filed an IRS complaint against OpenAI, alleging tax violations that jeopardize its nonprofit status. The complaint highlights CEO Sam Altman’s dual roles and potential equity stake, along with other board members’ financial conflicts, arguing these violate nonprofit rules. Midas Project asserts that OpenAI’s restructuring attempts and shift from its founding mission could undermine public interest.
OpenAI Faces IRS Tax Complaint
