From Google: 2024-08-30 17:08:09

OpenAI, the AI research lab, plans to expand its ‘capped for-profit’ status to attract large investors known as “whales”. This move aims to secure more funding for its research and development initiatives. OpenAI’s potential investors will be able to acquire capped dividends and voting rights in exchange for their financial support.



Read more at Google: OpenAI to expand ‘capped for-profit’ status to woo whale investors — report – Cointelegraph