Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) - a structure designed to consider the interests of society in ...
The stock market has fallen in love with artificial intelligence (“AI”). At the center of this are companies dubbed the “Magnificent 7” — Amazon, Alphabet, Apple, Meta, Microsoft, Nvidia and Tesla .
The California-based organization said it plans to change its existing for-profit entity into a Delaware Public Benefit Corporation, or B-Corp, which is a similar structure to sustainability-focused ...