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 ...
Reuters11d
Explainer: Why OpenAI plans transition to public benefit corporation
Dec 27 (Reuters) - OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race ...
Mint9d
OpenAI proposes public benefit corporation model to drive AI development
In a blog post on Friday, the company’s board revealed it is evaluating a proposal to convert its business operations into a Delaware Public Benefit Corporation (PBC). This structure would allow ...
Yahoo Finance11d
Explainer-Why OpenAI plans transition to public benefit corporation
(Reuters) - OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against ...