Sam Altman's OpenAI pursuing switch to for-profit structure to avoid 'hostile takeovers': report
Briefly

"OpenAI wants to keep that societal licence, with both a mission and a duty, while creating cutting-edge technology," a source told FT.
The restructuring would allow OpenAI to take a 'multipronged approach to fiduciary obligations' and a 'safe harbor' from any activist investors or attempts to challenge Altman.
Read at New York Post
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