OpenAI Restructures to Public Benefit Corporation to Attract Investment

OpenAI, backed by Microsoft, restructures to a public benefit corporation, removing profit caps to attract more investment under conventional equity terms.

A visually appealing illustration of futuristic technology with corporate elements, symbolizing inno
OpenAI Restructures to Public Benefit Corporation to Attract Investment

Microsoft-backed OpenAI plans to restructure to attract more investment and remove profit caps.

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