2024-12-27 21:10:59

OpenAI: Plans to transform the existing for-profit organization into a Delaware public benefit company. The board of directors is evaluating the company structure to choose a non-profit or for-profit structure. The public benefit company (PBC) will be responsible for operating and controlling OpenAI's business operations, and the public benefit company (PBC) will enable us to raise necessary funds on regular terms like other companies in the field. The non-profit organization will hire a leadership team and employees to carry out charitable activities.
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