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OpenAI is considering transitioning from a nonprofit into a for-profit company.
Microsoft 's deep-pocketed benefactor has a lot to gain if the company gets the green light to act more like a startup.
A reconfigured business structure would give Microsoft an opportunity to renegotiate its already generous profit cap.
There are potential snags for Microsoft as OpenAI attempts to shed its charitable cloak.
OpenAI is expected to register as a public benefit corporation as part of its transition.
Such entities are like traditional corporations but with more freedom to spend on civically minded initiatives.
"This type of transition can generate considerable investor interest quickly," Kreps said.
In May , xAI raised $6 billion .
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