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 become ...

OpenAI CEO Sam Altman became a household name after the release of OpenAI's groundbreaking AI model, ChatGPT.

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 Used By ...

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 company's ...

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 company's ...

BUT COULD BE USED BY AUTHORITARIAN GOVERNMENTS, OPENAI CEO SAM ALTMAN SAYS He added that public benefit corporations, which will be the new structure for OpenAI's for-profit entity, have "become ...