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OpenAI, Public Benefit Corporation

OpenAI will become a Public Benefit Corporation - here's what that means

As it pledges 'democratic' AI to benefit everyone, can OpenAI deliver on AI for all while dialing back model regulation?

The Straits Times · 3d

OpenAI wants to create a public benefit corporation. What does that mean?

While the ChatGPT owner still intends to form a public benefit corporation (PBC) that is meant to be more appealing to investors, the overall business would continue to be overseen by OpenAI’s ...

DMR News on MSN · 4d

OpenAI’s Restructuring Plan and What It Means for Its Corporate Future

As many readers know, OpenAI is currently embroiled in a closely watched, high-profile lawsuit with Elon Musk. He charges the nonprofit organization with straying from its initial nonprofit charter—to create artificial general intelligence (AGI) and distribute it broadly.

OpenAI Abandons Plan To Go For Profit : Choosing Ethics Over Profit

OpenAI shifts to a Public Benefit Corporation, prioritizing ethics over profit in the race for AGI. Discover how this move ...

9hon MSN

Microsoft and OpenAI may be renegotiating their partnership

OpenAI is currently in “a tough negotiation” with one of its biggest investors and partners, Microsoft, according to the ...

6don MSN

OpenAI shakes up corporate structure with goal of scaling up AGI investment

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

6don MSN

OpenAI Walks Back For-Profit Plan, Nonprofit to Keep Control

OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former ...

5don MSN

OpenAI Scraps For-Profit Plans

ChatGPT maker OpenAI announced Monday that it will remain under control of its nonprofit board. Rather than transitioning ...

OpenAI Backs Down on Restructuring Amid Pushback

OpenAI on Monday announced a proposed restructuring that would give its nonprofit arm ongoing control of ChatGPT and the rest of the startup’s AI products. The move is a reversal of an earlier ...

OpenAI for Countries Offers ‘A Clear Alternative to Authoritarian Versions of AI’

OpenAI’s initiative within the Stargate Project would localize ChatGPT to countries other than the US and build AI ...

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