OpenAI aims to become public benefit corp.
OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its ...
Explainer: Why OpenAI plans transition to public benefit corporation
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...
OpenAI Wants to Create a ‘Public Benefit Corporation.’ Here’s What That Means.
OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the ...
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OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more ...
OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
Market watchers have said an initial public offering from OpenAI seems unlikely in 2025 given that it’s been able to raise ...
Futurism on MSN2d
OpenAI Admits It Needs Vastly More Money Than It Thought
OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...
OpenAI reveals plan to convert to public benefit corporation
OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...
Godfather of AI Throws Support Behind Elon Musk’s Lawsuit Against OpenAI
The youth advocacy group Encode is supporting Musk's lawsuit seeking a preliminary injunction that would stop OpenAI from ...
AI Weekly: OpenAI's revamp and a pivotal year ahead
STORY: From OpenAI's high-profile restructuring to why AI firms could face a pivotal year in court, this is AI Weekly. :: AI WeeklyOpenAI has set out how it plans to become a for-profit company. The ...
To Further Its Mission of Benefitting Everyone, OpenAI Will Become Fully for-Profit
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...