Published 11:05 IST, September 15th 2024
OpenAI could change its non-profit corporate structure to remove profit cap for investors
OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors.
OpenAI’s funding round | Image:
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11:05 IST, September 15th 2024