OpenAI's for-profit arm ends in 2024?

OpenAI's for-profit arm ends in 2024?

$5,182 vol

Order book

No

Market Rules

The outcome is No

Resolves Yes if OpenAI has ended its for-profit division by Dec 31, 2024.Outcome verified from OpenAI.

As of this Contract’s Issuance, the sole entity the Exchange considers to be for-profit is OpenAI Global, LLC. This could include shutting down the division, converting it to non-profit status, or anything that would result in the for-profit division no longer existing within the OpenAI non-profit parent. OpenAI shutting down its current for-profit division while also maintaining another one opened following Issuance of this Contract would not be encompassed by the Payout Criterion.

Timeline and payout

Market openJan 3, 2024 · 10:00am EST

Market closedAfter the outcome occurs

Paid out1 hour after closing

If this event occurs, the market will close the following 10am ET. Otherwise, it closes by Dec 31, 2024 at 11:59pm EST.

SeriesKXOPENAIPROFIT

EventOPENAIPROFIT-24

MarketOPENAIPROFIT-24

Insider trading is prohibited

The following are prohibited from trading this contract:

Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.