Public statements or press releases from the California Attorney General's office

OpenAI Discusses For-Profit Shift with California and Delaware AGs Amid $157 Billion Valuation

Nov 4, 2024, 11:10 PM

OpenAI is in preliminary discussions with regulators, including the California Attorney General's office, regarding a potential shift from its current non-profit structure to a for-profit model. This move could significantly impact the valuation of its intellectual property, which is part of the company's overall worth estimated at $157 billion. The discussions also involve the Delaware Attorney General's office, indicating a broader regulatory engagement as OpenAI explores this transformation.