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OpenAI Announces Profitability Reorganization Plan, May Face Legal Challenges

Recently, OpenAI officially announced the highly anticipated profitability reorganization plan. This plan marks a significant shift as OpenAI changes its long-standing structure controlled by a nonprofit organization. Under the new scheme, OpenAI's for-profit subsidiary OpenAI Global, LLC will re-register as a Public Benefit Corporation in Delaware. Meanwhile, the existing nonprofit holding entity OpenAI, Inc. will continue.

11.2k 1 days ago
OpenAI Announces Profitability Reorganization Plan, May Face Legal Challenges
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