After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as a more traditional, for-profit company – a key step in its bid to secure billions more in capital to build cutting-edge artificial intelligence products.

The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup to woo investors and secure funds.

OpenAI, the artificial intelligence pioneer behind ChatGPT, is reportedly preparing for an initial public offering (IPO) that could value the company at up to $1 trillion, according to a Reuters report citing

OpenAI completed its restructuring into a for-profit public benefit corporation, untangling billions of dollars of investment.

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more freedom while maintaining Azure ties.

The artificial intelligence company said the nonprofit that controlled the organization would receive a $130 billion stake in the new company.

After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as a more traditional, for-profit company – a key step in its bid to secure billions more in capital to build cutting-edge artificial intelligence products.

Operating as a public benefit corporation will help OpenAI attract investors and compete with other tech giants.

To top it all off, TSMC's stock is relatively well-priced compared to many of its AI peers. The company's shares have a price-to-earnings ratio of 31.5, which is nearly on par with the average P/E ratio of 31 for the S&P 500 index and far lower than the tech sector's 47 average.

Thinking Machines Lab challenges OpenAI’s scaling-first approach to artificial intelligence, arguing that true superintelligence will emerge from systems that can learn — not just compute.