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The YMCA of Greater Des Moines wants to get out of the business of owning real estate, and is moving forward with a strategic sale-leaseback plan to eliminate its heavy load of debt and free itself to ...
Under the new plan, OpenAI’s for-profit arm will become a public benefit corporation (PBC) but will still be controlled by OpenAI’s nonprofit.
The non-profit will also receive a large stake in the for-profit unit, which will become a public benefit company – a structure that focuses on social good in addition to profits.
OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman's power over the pioneering maker of ChatGPT ...
OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman's power over the pioneering maker of ChatGPT. The ...
OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.
OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...
OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former employees, academics and rivals, including billionaire Elon Musk.
OpenAI has bowed to pressure from civic leaders and ex-employees, announcing in a blog post on Monday that its nonprofit would retain control of the company even as it restructures into a public ...
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A non-profit business plan can help you start a nonprofit organization in 2023, which can be really fulfilling. It not only provides advantages like tax discounts and access to grants and other kinds ...