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Bloomberg: OpenAI is in discussions with regulatory institutions about transitioning to a for-profit structure.
According to sources, OpenAI is in preliminary discussions with regulatory institutions, trying to transition this $157 billion company from a non-profit structure to a for-profit enterprise. Two informants revealed that the company is in initial negotiations with the California Attorney General's office on the procedures for changing the company's structure. During this process, regulatory institutions may scrutinize how OpenAI assesses a series of high-profit intellectual properties, such as its ChatGPT application.
Is Microsoft Transferring Shareholder Value to Nvidia? This Analyst Says So. -- Barrons.com
Express News | OpenAI in Talks With California to Become for-Profit Company
US stocks closed: Trump, Harris concept stocks rose together, Chinese concept stocks remained stable and rose.
1. The market is filled with a wait-and-see attitude, with all three major indexes collectively falling. 2. Trump's media technology group rebounded after hitting bottom. 3. Photovoltaic and clean energy concept stocks strengthened collectively. 4. Reports claim that Nvidia will distribute Super Micro Computer orders to other suppliers.
Goldman Sachs Sees 'Early Stages Of Nuclear Renaissance In US:' Analysts Highlight Top Stock Poised To Benefit From Data Centers' Energy Demand
Monday Market Moves Sideways, Election and FOMC in Sight | Wall Street Today