OpenAI has finally shared details about its plans to shake up its core business by shifting to a for profit corporate structure. On Thursday, OpenAI posted on its blog , confirming that in 2025, the existing for profit arm will be transformed into a Delaware based public benefit corporation PBC. As a PBC, OpenAI would be required to balance its shareholders and stakeholders interests with the public benefit. To achieve that, OpenAI would offer ordinary shares of stock while using some profits...
