By Finance Pulse in AI —

OpenAI to Transform For-Profit Arm into Public Benefit Corporation

OpenAI plans to convert its for-profit division into a Delaware public benefit corporation (PBC) to secure funding and remain competitive in the AI industry.

An abstract illustration of a futuristic cityscape with digital elements symbolizing AI, highlightin
OpenAI to Transform For-Profit Arm into Public Benefit Corporation

OpenAI plans to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay competitive in the AI industry.

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