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AI News from ET - The OpenAI makeover: What it means for the ChatGPT parent & partner Microsoft

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OpenAI has officially transitioned to a for-profit entity, now known as OpenAI Group PBC, a public benefit corporation. This significant shift aims to better monetize its AI models and fund its superintelligence ambitions, while redefining its partnership with major investor Microsoft. The restructuring received approval from California and Delaware regulators.

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