ChatGPT developer OpenAI is considering a shift from its current non-profit model to a for-profit structure. Specifically, the company is exploring the possibility of becoming a Delaware public benefit corporation — a business model that combines traditional corporate elements with a commitment to public benefit initiatives.

Yahoo Finance legal reporter Alexis Keenan delves into the details of this potential transition — highlighting how tech giant Microsoft (MSFT), a major investor in OpenAI, stands to reap substantial benefits from this move.

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This post was written by Angel Smith