OpenAI recently 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 companies ...

This amount was included in income on line 12900 of Jacques’s 2024 final income tax and benefit return. The RRSP property was distributed to Jacques’s estate on March 15, 2025. The FMV of that ...

According to the Ministry of Science and ICT on the 31st, the government is pursuing a plan to enhance benefits for corporations engaging in research and development (R&D) of national strategic ...

PBCs are legally required to pursue one or more public benefits Legal experts say publicly traded PBCs are more susceptible to takeovers Delaware amended its ...

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 ...

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 companies such ...

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) — a structure designed to consider the interests of society in ...

OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit corporation, or B-Corp., with a focus on social impact. The structure ...

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 ...