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OpenAI may restructure its nonprofit structure next year
On September 15th, it became increasingly likely that OpenAI was about to transform its complex corporate structure. Earlier this week, it was reported that the company was in talks to raise $6.50 billion at a pre-investment valuation of $150 billion. Now, according to Reuters, the deal depends on whether OpenAI can restructure and remove profit caps for investors. According to Fortune, co-founder and CEO Sam Al...
2024-09-15 00:13:05
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