OpenAI Shifts to For-profit Governance
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profit companyNew York Post
•ChatGPT parent OpenAI in talks with California to become for-profit company: report
79% Informative
A shift to being a for-profit company would mark a drastic reversal in governance structure for the AI pioneer.
The move would make the firm more attractive to investors.
Microsoft -backed OpenAI was founded in 2015 as a non-profit AI research lab.
The company will continue to exist and own a minority stake in the company.
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