For the best experience, please enable JavaScript in your browser settings. Interior Cabinet Secretary Kithure Kindiki. [Collins Kweyu, Standard] The Public Benefit ...

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization would receive shares in the new company. By Cade Metz Cade Metz has ...

including an investment from Microsoft Corp. The California-based organization said it plans to change its existing for-profit entity into a Delaware Public Benefit Corporation, or B-Corp ...

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 ...

Under the new organization, the non-profit will own ... as bidders can argue the company lacks profit maximization or that its public benefit goals conflict with the bidder's objectives.

After months of entertaining the idea, OpenAI has officially announced its plans to convert its corporate structure to a public benefit corporation ... ways with the organization over its ...

The California-based organization said it plans to change its existing for-profit entity into a Delaware Public Benefit Corporation, or B-Corp, which is a similar structure to sustainability ...

Under the new organisation, the non-profit will own ... as bidders can argue the company lacks profit maximisation or that its public benefit goals conflict with the bidder’s objectives.