OpenAI plans to transition for-profit arm to public benefit corporation

computerworld.com

OpenAI plans to convert its for-profit arm into a Delaware Public Benefit Corporation. This change aims to give the for-profit side more operational freedom while reducing the non-profit board's control over commercial activities. The new structure will allow the board to focus on charitable initiatives in areas like health care and education. OpenAI believes this will create a well-resourced non-profit while still pursuing its mission to benefit humanity. This shift comes amid growing pressure from investors to lift profit caps and increase funding. Some notable figures, including Elon Musk and Mark Zuckerberg, oppose the changes, fearing they may compromise OpenAI's original goals.


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