Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag OpenAI restructures to become a $300B public-benefit corp, facing legal challenges and equity disputes.

flag OpenAI is navigating a complex restructuring process to become a $300 billion public-benefit corporation, facing legal challenges from co-founder Elon Musk and disputes over equity shares with its largest backer, Microsoft. flag The restructuring requires approval from attorneys general in Delaware and California and involves hiring investment banks to value the equity. flag OpenAI aims to balance social goals with profitability, potentially paving the way for a future IPO.

11 Articles