What OpenAI’s restructuring plan means for its corporate future

After talking to Delaware and California’s lawyers, Openai said that he had prepared a new structure plan after talking to OpenaI’s only corporate structure.

Currently, Openai’s non-commercial board manages the profit operations of the organization. According to the new plan, Openai’s profitable goal will be a society benefit Corporation (PBC), but it will still be managed by Openai non-commercial.

The new reconstructed plan may be enough to calm down regulators and Openai’s investors The company poured billions A day is waiting for a return. But at the same time, if the company tries to go for a day, it can take a key to future plans.

IPO route

In December last year, Openai, allowing the non-profit board to control the non-profit board, allowing the non-profit board to control, including, including this Artificial general exploration prefers all humanities.

This plan was out of the window on Monday. Now it intends to have Openai, non-commercial control and become a large shareholder of the above PBC.

In addition to the opening of a conventional company, a simpler structure can open the door to bring additional capital to the public through an IPO. Openai’s scale was given, This is a large amount of moneyAnd the public’s mass interest, an IPO, as a result, looks like something open.

A corporate governance professor at Santa Clara University is a very narrow way to become a public company in TechCrunch, TechCrunch, a public company under the newly offered transition plan. When non-profitable people cannot go to the public, PBCS can.

But there have A question that owns the Openai’s PBC was Openai for IPO.

“In my sense there is a great intellectual property value at the Openai non-profit level,” he said in an interview. “But if PBC does not have a nucleus and does not have a nucleus, but if it is licensed to use, then what is IPO? This is a problem.”

Diamond does not know exactly the exact details of Openai’s plan and is unknown if the end is successful. In an email, Openai spokesman Steve Sharpe, Openai’s non-profit company’s technology will continue to control the technology, and when the IPO is in the presentation, he said, “Theoretically” will be possible.

If Openai controls the critical technology of a non-profit organization, the shareholders would not have been in the company’s decisions. Unlike sharing in a typical company, shareholders in Openai will have to know that the corporation’s effects are limited.

“I think this scenario is more difficult in this scenario,” said Loui in a meeting with Techcrunch.

Bending for pressure

Openai is compressed in all the endings during reconstruction.

Last week, a group of former Openai employees asked California and Delaware to prevent the turn of the AGS starting Openai was betting with charitable roots. Both AGS TechCrunch have been announced that they are considering Openai’s new plan.

Openai’s proposal, as well as the company’s largest private investors, including Microsoft and Softbank, whose proposal Multiple billion dollars in investments It was reported to have something Hinge over Openai to get some kind of re-structure in the finish line. Openai’s new plan will hold a direct capitalization, investors and non-commercial right to the company.

Microsoft has not yet blessed Openai over the new corporate structure, Bloomberg reported Monday. The cloud provider wants to adequately protect the new structure in Openai in an adequate of investment. It is not clear that other major stakeholders are confirmed by the deal.

No one puts pressure more than Openai’s Elon Musk. The billionaire, which has established Openai and now with him, has submitted a $ 97 billion sign offer to increase the price of Openai’s non-profit assets via COA, and Chatgpt Maker’s gum until the earnings passage. Musk, at the same time, Openai’s startup and a focus point against Microsoft was reconstructed. Based on the basis of the musk accuses the AGI refusing to leave a non-profit mission to develop and distribute a wide range of.

Last week, Federal judge denied several Openai’s actions To reject the allegations in a musk suit. According to Diamond, this was a modest victory for musk and could play a role in Openai’s variable course. However, on Monday, Altman’s Briefing with Press members reported rejected In the suit affected Openai’s plans.

Marc Toberoff, in his claim against the observer against Openai, TechCrunch’s new corporate reconstruction plan said “Nothing changes nothing.”