AG Jennings Completes Review of OpenAI Recapitalization (Statement of…
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)
- Status
- In effect
- Took effect
- October 28, 2025
- Applies to
- OpenAI, Inc. (and its public benefit corporation), a Delaware nonprofit corporation subject to the Attorney General's charitable-oversight authority.
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.
Key facts
| Jurisdiction | Delaware |
|---|---|
| Level | State |
| Strength | Limited |
| Citation | AG Jennings Completes Review of OpenAI Recapitalization (Statement of No Objection with Governance Commitments) |
| Topics | government use of AI |
| Agency page | AG Jennings completes review of OpenAI recapitalization | State of Delaware News |
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