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OpenAI's new structure opens door to potential future IPO: CFO
short by Shristi Acharya / on Wednesday, 28 May, 2025
OpenAI's restructuring plans may make it "IPO-able" in the future, CFO Sarah Friar said. This comes as OpenAI restructured its for-profit arm into a public benefit corporation (PBC). The nonprofit parent now controls the PBC, becoming a majority shareholder, while still allowing its for-profit arm to raise more capital to keep pace in the AI race.
read more at Reuters