OpenAI considers moving out of California if regulators complicate restructuring bid: Report
CNBC Televisionยท2025-09-09 11:16
Open AAI is reportedly considering moving out of California if the state complicates its bid to turn into a for-profit company. The Wall Street Journal says that Open AI was caught off guard by the intense reaction to its restructuring plan when it was announced last year. The company is eyeing the ability to raise funds in the future and a possible stock exchange listing as it tries to make that transition to a for-profit entity from one that is currently controlled by a nonprofit.But that nonprofit status ...