
the staff of the Ridgewood blog
Ridgewood NJ, Artificial intelligence powerhouse OpenAI announced plans to restructure its organization, transitioning to a public benefit corporation (PBC) with a connected nonprofit arm. The move aims to strike a balance between generating the capital necessary for massive computing requirements and prioritizing the interests of shareholders and the public.
Continue reading OpenAI Restructures as a Public Benefit Corporation: What It Means for AI’s Future