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The transition from a nonprofit to a capped-profit firm was seen with skepticism by Oren Etzioni of the nonprofit Allen Institute for AI, who agreed that wooing prime researchers to a nonprofit is difficult, but stated "I disagree with the notion that a nonprofit cannot compete" and pointed to profitable low-funds tasks by OpenAI and others. In January 2023, OpenAI Global, LLC was in talks for funding that would worth the corporate at $29 billion, double its 2021 value. The nonprofit, OpenAI, Inc., is the only real controlling shareholder of OpenAI Global, LLC, which, despite being a for-revenue company, retains a formal fiduciary responsibility to OpenAI, Inc.'s nonprofit charter. In 2020, OpenAI introduced GPT-3, a language model educated on large web datasets. However, The Wall Street Journal reported that on 15 problems from the 2024 version of AIME, the o1 model reached an answer quicker.