OpenAI To Continue To Be Overseen & Controlled By Non-Profit
ReutersMay 5, 2025 6:11 PM
May 5 (Reuters) - OpenAI:
OPENAI BOARD HAS AN UPDATED PLAN FOR EVOLVING OPENAI’S STRUCTURE.
OPENAI: OUR FOR-PROFIT LLC, WILL TRANSITION TO PUBLIC BENEFIT CORPORATION
OPENAI: WILL CONTINUE TO BE OVERSEEN & CONTROLLED BY THAT NON-PROFIT
OPENAI: NON-PROFIT WILL CONTINUE TO CONTROL THE PBC, AND WILL BECOME A BIG SHAREHOLDER IN THE PBC
OPENAI: MOVING TO A NORMAL CAPITAL STRUCTURE WHERE EVERYONE HAS STOCK
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