OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its board exerts over operations. OpenAI thinks it has found a way to make ...
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OpenAI to Convert For-Profit Arm Into Public Benefit Corporation, Eyes Additional Capital"Our plan is to transform our existing for-profit into a Delaware public benefit corporation with ordinary shares of stock and the OpenAI mission as its public benefit interest," it said.
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