ChatGPT developer OpenAI is considering a shift from its current non-profit model to a for-profit structure. Specifically, the company is exploring the possibility of becoming a Delaware public benefit corporation — a business model that combines traditional corporate elements with a commitment to public benefit initiatives. Yahoo Finance legal reporter Alexis Keenan delves into the details of this potential transition — highlighting how tech giant Microsoft (MSFT), a major investor in OpenAI, stands to reap substantial benefits from this move. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith Read More...
ChatGPT developer OpenAI is considering a shift from its current non-profit model to a for-profit structure. Specifically, the company is exploring the possibility of becoming a Delaware public benefit corporation — a business model that combines traditional corporate elements with a commitment to public benefit initiatives.
Yahoo Finance legal reporter Alexis Keenan delves into the details of this potential transition — highlighting how tech giant Microsoft (MSFT), a major investor in OpenAI, stands to reap substantial benefits from this move.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.
This post was written by Angel Smith
Add Comment