OpenAI Announces Plans to Transition to a For-Profit Company, Some Advise and Some Agree
OpenAI announced a shift from a non-profit to a for-profit structure, becoming a Public Benefit Corporation (PBC) to raise funds for artificial general intelligence development while ensuring societal benefits. The nonprofit will retain a stake but focus on philanthropy. Despite opposition, including from Elon Musk and Mark Zuckerberg, OpenAI believes this transformation is essential for continued progress.