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Delaware — AG Jennings Completes Review of OpenAI Recapitalization (Statement of No Objection with Governance Commitments)

Delaware · AG Jennings Completes Review of OpenAI Recapitalization (Statement of No Objection with Governance Commitments)

Exercising Delaware's charitable/nonprofit oversight authority over OpenAI, Inc. (a Delaware nonprofit), AG Kathy Jennings issued a Statement of No Objection to OpenAI's recapitalization only after securing binding commitments keeping the nonprofit in control of the new public benefit corporation and prioritizing AI safety over financial interests.

Technical detail

Exercising Delaware's charitable/nonprofit oversight authority over OpenAI, Inc. (a Delaware nonprofit), AG Kathy Jennings issued a Statement of No Objection to OpenAI's recapitalization only after securing binding commitments keeping the nonprofit in control of the new public benefit corporation and prioritizing AI safety over financial interests.

Who is protected: Residents interacting with state government AI systems; public-sector data subjects.

Who must comply: OpenAI, Inc. (and its public benefit corporation), a Delaware nonprofit corporation subject to the Attorney General's charitable-oversight authority.

Key facts

JurisdictionDelaware
LevelState
StatusIn effect
Protection strengthLimited protection
Effective date2025-10-28
CitationAG Jennings Completes Review of OpenAI Recapitalization (Statement of No Objection with Governance Commitments)
Topicsgovernment use of AI
Last verified2026-07-01
Official sourceAG Jennings completes review of OpenAI recapitalization | State of Delaware News ↗

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