OpenAI plans shift to for-profit structure in 2025 to attract investment

OpenAI plans to shift to a for-profit corporate structure in 2025, creating a public benefit corporation to manage its operations. This change aims to attract more investment and ease restrictions from its current non-profit model. The new structure will allow the for-profit entity to control OpenAI's business while the non-profit focuses on charitable initiatives in areas like healthcare and education. This move is intended to enhance competitiveness in the AI market. OpenAI's recent funding round of $6.6 billion, valuing the company at $157 billion, depends on this structural change. Microsoft, OpenAI's largest investor, is involved in determining its stake in the new setup.