By Finance Pulse in Transformative —

OpenAI Shifts to For-Profit with Public Benefit Corporation

OpenAI is adopting a for-profit structure by forming a public benefit corporation. This move involves the issuance of ordinary shares, balancing profit and purpose.

An abstract illustration featuring a balance scale with a light bulb on one side and a dollar sign o
OpenAI Shifts to For-Profit with Public Benefit Corporation

OpenAI is transitioning towards a for-profit structure with a public benefit corporation (PBC) with ordinary shares of stock.

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