ruudu
@eud
OpenAI: The plan is to transform the existing for-profit organization into a Delaware public welfare company, and the board of directors is evaluating the company structure to choose between a non-profit or for-profit structure. The Public Welfare Company (PBC) will be responsible for operating and controlling OpenAI's business operations, while the PBC will enable us to raise necessary funds on regular terms like other companies in the field. Non profit organizations, on the other hand, hire leadership teams and employees to carry out charitable activities. @jiputmetal
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