<ul><li>OpenAI has announced plans to shift to a for-profit corporate structure.</li><li>The existing for-profit arm will be transformed into a Delaware-based public benefit corporation (PBC).</li><li>OpenAI will offer ordinary shares of stock and use profits to further its mission of ensuring artificial general intelligence (AGI) benefits humanity.</li><li>The nonprofit will have some shares in the PBC, but the exact allotment is unclear.</li></ul>

OpenAI defends for-profit shift as critical to sustain humanitarian mission

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