At issue were the implications such a move might have on whether OpenAI would allocate its assets to the nonprofit arm fairly, and how the company would strike a balance between making a profit and generating social and public good as it develops AI.

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public Benefit Corporation (PBC)

OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate structure, signaling a significant strategic shift to fuel its ambitious pursuit of artificial general intelligence (AGI).