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Matt Levine is a Money Stuff columnist at Bloomberg Opinion.
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OpenAI Moves To Complete Potentially The Largest Theft In Human History
The ZviopinionnegativeNov 3, 2025
OpenAI's conversion to a Public Benefit Corporation with uncapped investor profit shares represents a massive value transfer (potentially hundreds of billions) from its nonprofit foundation, constituting potentially the largest theft in human history.
“Estimated OpenAI's old profit cap at approximately $272 billion”
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