November 9, 2024

OpenAI in talks with regulators to become a for-profit company: Report

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The $157 billion artificial intelligence giant wants to retain a nonprofit arm to pursue its mission of benevolent AI development.
OpenAI, the creator of ChatGPT, is reportedly in preliminary talks with California and Delaware regulators with the goal of transforming the firm into a for-profit structure.
The company, which is currently valued at $157 billion, has opened a dialogue with the office of Attorney General Rob Bonta in California and his counterpart in Delaware, according to Bloomberg, citing sources familiar with the matter.

https://cointelegraph.com/news/chat-gpt-creator-openai-in-talks-for-profit-company

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