Landmark organizational shift, OpenAI announced its transition from a capped-profit LLC to a Public Benefit Corporation (PBC) while maintaining governance under its original nonprofit structure. The move, detailed in a May 2025 letter from CEO Sam Altman, aims to balance scalable resource acquisition with the company’s mission of ensuring artificial general intelligence (AGI) benefits all […]

The post OpenAI Shifts For-Profit Branch to Public Benefit Corporation, Staying Under Nonprofit Oversight appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.

Mayura Kathir

Source: gbHackers
Source Link: https://gbhackers.com/openai-shifts-for-profit-branch-to-public-benefit-corporation/