{"id":5029,"date":"2024-12-27T21:26:00","date_gmt":"2024-12-27T13:26:00","guid":{"rendered":"http:\/\/www.tocoin.com\/?p=5029"},"modified":"2024-12-27T22:15:18","modified_gmt":"2024-12-27T14:15:18","slug":"openai-board-considers-for-profit-nonprofit-structure","status":"publish","type":"post","link":"http:\/\/tocoin.com\/index.php\/2024\/12\/27\/21\/26\/00\/5029\/","title":{"rendered":"OpenAI board considers for-profit nonprofit structure"},"content":{"rendered":"\n<p>OpenAI plans to transform its existing for-profit organization into a Delaware public benefit corporation. The board of directors is evaluating the company&#8217;s structure to choose between a non-profit or for-profit structure. The public benefit corporation (PBC) will be responsible for operating and managing OpenAI&#8217;s business operations, while also enabling us to raise necessary funds on standard terms like other companies in the field. A non-profit organization, on the other hand, would hire a leadership team and staff to carry out charitable activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI plans to transform its existing for-profit organ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"_links":{"self":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5029"}],"collection":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/comments?post=5029"}],"version-history":[{"count":1,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5029\/revisions"}],"predecessor-version":[{"id":5035,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5029\/revisions\/5035"}],"wp:attachment":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/media?parent=5029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/categories?post=5029"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/tags?post=5029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}