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38 OpenAI announces plan to transform into a for-profit company

The Verge
Emma Roth @ The Verge 3 place · 12/27/2024 09:26 EDT

OpenAI announces plan to transform into a for-profit company

Image: The Verge


OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control into the hands of its for-profit arm.
Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate for the good of society. This division will “run and control OpenAI’s operations and business,” while OpenAI’s nonprofit will retain a.

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