OpenAI has finally shared details about its plans to shake up its core business by shifting to a for-profit corporate structure. On Thursday, OpenAI posted on its blog, confirming that in 2025, the existing for-profit arm will be transformed into a Delaware-based public benefit corporation (PBC). As a PBC, OpenAI would be required to balance its shareholders' and stakeholders' interests with the public benefit.

Topics:  on thursday   delaware-based   agi   comments   openai   as   pbc   for-profit   shift   mission   public   benefit   shares   blog   structure   
BING NEWS:
  • OpenAI defends for-profit shift as critical to sustain humanitarian mission
    "We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the nonprofit to be well funded, better sustained, and in a stronger position for ...
    12/26/2024 - 10:58 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News