Saturday, December 28, 2024

OpenAI details plans for becoming a for-profit company

In a company blog post published Friday, OpenAI said it planned to restructure as a public benefit corporation, or PBC, which is a for-profit corporation designed to create public and social good. OpenAI rivals like Anthropic and Elon Musk's xAI use a similar structure.

from Tech-Economic Times https://ift.tt/GvYOPzi

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