OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control into the hands of its for-profit arm.

Facebook founder and Meta CEO Mark Zuckerberg has written a letter to the US government: It should stop OpenAI's for-profit plans.

OpenAI is officially done pretending it can run like a charity. On Friday, the company announced it has finalized plans to transition into a public benefit corporation (PBC) as soon as possible next year,

Microsoft (NASDAQ:MSFT)-backed OpenAI revealed plans to change company structure that would create a money-making corporation along with a nonprofit arm. The AI startup said its board is evaluating is corporate structure to support the mission of ensuring artificial general intelligence,