Discussions come as Apple, Nvidia and Microsoft consider funding round that would value start-up at more than $100bn
OpenAI is in discussions about changing its corporate structure to become more investor-friendly, as it pushes ahead with a multibillion-dollar fundraise and seeks to retain its lead over Google and other rivals. The artificial intelligence start-up has spoken to investors about restructuring itself, according to three people involved in those conversations.
Earlier this month, OpenAI was sued by its co-founder and tech billionaire Elon Musk, who claims that it backtracked on its mission to benefit humanity when it signed a commercial partnership with Microsoft. This week, Musk posted on X that “either turning a non-profit into a for-profit is legal and everyone should be doing it, or it’s illegal and OpenAI is a house of cards.
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