Profit Cap Removal

OpenAI Set for $6.5 Billion Funding Round with Potential Corporate Restructuring

OpenAI, the maker of ChatGPT and the world’s most valuable AI startup, is poised to raise $6.5 billion in a new round of financing. However, the success of this funding round and the company’s soaring $150 billion valuation will depend on significant corporate restructuring, including the removal of a profit...