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Delaware

OpenAI will be transforming its for-profit into a Delaware Public Benefit Corporation

OpenAI is changing its corporate structure again to raise more funds and better support its mission. It plans to transform into a Public Benefit Corporation (PBC) while retaining its non-profit arm. Read more...

By: Neowin
  • Dec 28 2024
  • 34
  • 3163 Views
OpenAI will be transforming its for-profit into a Delaware Public Benefit Corporation
OpenAI will be transforming it
After months of speculation, OpenAI today officially announced that it is changing its corporate structure to best support its mission. Back in 2015, OpenAI started as a nonprofit. Since it faced dif… [+2741 chars]

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