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Will the Delaware AG approve OpenAI's for-profit transition by mid-2025?
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Public statements or press releases from the Delaware Attorney General's office
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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.
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