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VisitWhat will be the primary reason for OpenAI's transition to a public benefit corporation by end of 2025?
Regulatory pressure • 25%
Investor demand • 25%
Strategic decision • 25%
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Official statements from OpenAI or analysis by reputable business analysts
Elon Musk Calls for California and Delaware to Auction OpenAI Stake, Citing Potential Tens of Billions in Value
Jan 9, 2025, 06:05 PM
Elon Musk has urged the attorneys-general of California and Delaware to compel OpenAI to auction a substantial stake in the company. This call comes as OpenAI seeks to transition into a public benefit corporation. Musk's lawyer, Marc Toberoff, emphasized the potential for tens of billions in value from the auction, representing the interests of significant artificial intelligence investors. Musk, who co-founded OpenAI, has had ongoing disagreements with the company's CEO, Sam Altman, regarding its direction and governance.
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Nonprofit arm dissolved • 25%
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Transition but with financial losses • 25%
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Delaware Public Benefit Corporation • 25%
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Auction planned but postponed • 25%
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