OpenAI Is Becoming a For-Profit Company to Ensure That AI "Benefits All of Humanity"

OpenAI Is Becoming a For-Profit Company to Ensure That AI "Benefits All of Humanity"
makeuseof.com

by Dave Parrack • 1 month ago

OpenAI has announced its transition into a for-profit company by becoming a Delaware Public Benefit Corporation (PBC) to ensure AI benefits humanity while balancing shareholder and public interests. This change aims to secure funding for the development of artificial general intelligence (AGI), while its nonprofit division will continue focusing on charitable initiatives. Although immediate impacts on ChatGPT users are minimal, long-term implications remain uncertain as profitability may alter the company's direction and culture.

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