OpenAI’s restructuring plans position it for a potential future IPO, but any such decision would depend on the mood in public markets as well as the readiness of the company, chief financial officer ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sarah-friar” target=”_blank”>Sarah Friar said on Wednesday.
OpenAI, in which ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/microsoft” target=”_blank”>Microsoft has invested more than $13 billion, outlined plans in December to convert its for-profit arm into a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/public-benefit-corporation” target=”_blank”>public benefit corporation (PBC), a structure designed to balance shareholder returns with social goals, unlike non-profits, which are solely focused on public good.
The ChatGPT-maker dialled back…
