OpenAI may become a public benefit corporation: What is it and what will change?

By HT News Desk | Edited by Abhyjith K. Ashokan

Sep 29, 2024 4:19 PM IST

A public benefit Corp is a corporate structure under Delaware law which allows a for-profit entity to also commit to pursuing goals of bettering society

A symbol for the OpenAI virtual assistant arranged on a smartphone in Riga, Latvia, on Friday, Aug. 16, 2024.

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News business OpenAI may become a public benefit corporation: What is it and what will change?

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