OpenAI: Plans to convert existing for-profit organization into a Delaware public benefit corporation

CoinRank News: According to market news, OpenAI plans to transform its existing for-profit organization into a Delaware public benefit company, and the board of directors is evaluating the company structure to choose a non-profit or for-profit structure. The public benefit company (PBC) will be responsible for operating and controlling OpenAIs business operations, and the public benefit company (PBC) will enable us to raise necessary funds on conventional terms like other companies in the field. Non-profit organizations will hire leadership teams and employees to carry out charitable activities. (Jinshi)