OpenAI restructures to enable profit from AI technology

apnews.com

OpenAI has reorganized its ownership structure into a public benefit corporation, facilitating profit from its AI technology. This move follows approval from Delaware and California attorneys general, allowing the company to pursue public trading and secure significant capital for future development. The restructuring includes a revised partnership with Microsoft, which will hold a substantial stake in the for-profit entity, while the nonprofit board retains control.


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