2min chapter

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With OpenAI seeking profits, activist seeks payback to the public

Marketplace Tech

CHAPTER

Navigating Legal Pathways: OpenAI's Shift to For-Profit

This chapter explores OpenAI's shift from a capped profit model within a nonprofit framework to a for-profit public benefit corporation. It examines the legal requirements for this transition, including necessary approvals and asset repayment obligations, drawing parallels to significant historical cases.

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