Why OpenAI is trying to untangle its ‘bespoke’ corporate structure

On the Friday after Christmas, OpenAI published a blog post titled “Why OpenAI’s structure must evolve to advance our mission.” In it, the company detailed a plan to reorganize its for-profit arm into a public benefit corporation (PBC). In the weeks since that announcement, I’ve spoken to some of the country’s leading corporate law experts to gain a better understanding of OpenAI’s plan, and, more importantly, what it might mean for its mission to build safe artificial general intelligence (AGI).

What is a public benefit corporation?

“Public benefit corporations are a relatively recent addition to the universe of business entity

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