OpenAI shifts to for-profit corporate structure amid $5 billion annual losses

[Redaktion]

OpenAI plans major restructuring into a Delaware Public Benefit Corporation, removing profit caps for investors while maintaining its mission of developing beneficial AGI. Despite $3.7 billion in revenue, the company faces $5 billion in losses amid soaring AI development and infrastructure costs.

https://www.notebookcheck.net/OpenAI-shifts-to-for-profit-corporate-structure-amid-5-billion-annual-losses.937797.0.html

[Dark Oopa]

Yeah, because it is common knowledge that for profit companys try to do things good for every one...