OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

SeattlePI.com

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OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders. The company’s board is considering a decision that would change the company into a public benefit corporation, according to a source familiar with the discussions who wasn’t authorized to speak publicly about them.

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