The ChatGPT maker is considering turning its for-profit arm into a Delaware Public Benefit Corporation amid ongoing criticism of its legal structure.

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OpenAI is mulling a corporate restructuring designed to help coordinate the artificial intelligence developer’s nonprofit and for-profit arms, OpenAI said. 

The ChatGPT maker has faced fierce pushback, including lawsuits, for a 2019 decision to create a for-profit business unit to operate alongside its original nonprofit foundation. 

OpenAI is considering converting its for-profit division into a Delaware Public Benefit Corporation (PBC), a legal structure for private enterprises producing public goods, according to a Dec. 27 blog post. 

“The PBC is a structure⁠ used⁠ by many⁠ others⁠ that requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decisionmaking,” OpenAI said in the post, adding:

“It will enable us to raise the necessary capital with conventional terms like others in this space...”

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