OpenAI has laid out a plan to revamp its corporate structure next year, saying it would create a public benefit corporation to manage its growing business and ease the restrictions imposed by its current non profit parent. Rumors have swirled that OpenAI was in the process of shifting to a largely for profit company , but this is the first time it has detailed the proposal publicly. Under the proposed structure, the public benefit corporation, which is a for profit corporate entity, will run...
