OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam ... benefit corporation “that has to consider the interests of both shareholders and the mission.” Altman ...

CEO Sam Altman says ... for-profit. That will not change. The for-profit LLC under the nonprofit will transition to a Public Benefit Corporation (PBC) with the same mission. PBCs have ...

The ChatGPT-maker created a for-profit limited liability company (LLC), which it will now convert into a public benefit corporation ... Altman wrote. Ai Will Help Lower Prices, But Could Be ...

OpenAI CEO Sam Altman ... have become an outright for-profit public benefit corporation (PBC), reassuring investors considering the tens of billions of dollars necessary to fulfill the ...