OpenAI has finalised its corporate restructuring, officially forming the OpenAI Group Public Benefit Corporation (PBC), which will be overseen by the non-profit OpenAI Foundation. The foundation, now holding equity worth about $130 billion, will direct $25 billion towards healthcare and cybersecurity. Alongside this, Microsoft and OpenAI have redefined their partnersh…
OpenAI Creates Its For-Profit Entity, Signs New Deal With Microsoft Defining AGI Clause
