💨 Abstract
OpenAI plans to transform its structure into a public benefit corporation (PBC) to raise more capital and remove restrictions imposed by its nonprofit parent. The move, confirmed by a Reuters report in September, will make OpenAI's existing for-profit arm a Delaware-based PBC, considering society's interests in addition to shareholder value.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Eleven more Ukrainian children return home from Russia, Russian-held areas
Israel strikes military bases, infrastructure in Syria
Trump announces 10% tariff on all countries, effective April 5
Brazil announces auto industry executive as COP30 climate champion
Putin envoy Dmitriev, Trump envoy Witkoff meet in Washington
Auto Workers for Trump founder Brian Pannebecker backs President's tariffs
"All lines crossed in Gaza": UNRWA Commissioner-General
Dozens of Palestinians killed, wounded in Israeli bombing of Gaza Strip
Austria taking preventive measures to counter risk of foot-and-mouth disease
Trump announces 10% tariff on all imports, with higher rates for some countries
Powered by MessengerX.io