Late last year, OpenAI announced its plans to transition from a non profit structure. During that announcement, OpenAI said that it would transform its existing for profit entity into a Delaware Public Benefit Corporation PBC with ordinary shares of stock. The PBC will run and control OpenAIs operations and business, while the non profit will hire a leadership team and staff to pursue charitable initiatives in sectors such as health care, education, and science. Today, OpenAI board provided an...
