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.
OpenAI's Non-Profit Arm to Acquire Shares in New Public Benefit Corporation OpenAI's non-profit arm is set to acquire shares in a new public benefit corporation, ensuring fair valuation and strengthening corporate governance.
Uber Invests $300 Million in Delivery Hero Shares Uber boosts its expansion strategy by investing $300 million in newly issued shares of Delivery Hero, enhancing its footprint in the global market.