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  • 🧵 AI Tools Club: OpenAI To Change Corporate Structure to PBC Model to Advance AGI for Global Benefit

🧵 AI Tools Club: OpenAI To Change Corporate Structure to PBC Model to Advance AGI for Global Benefit

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Check out this week's hottest AI news and updates—handpicked just for you! Make sure to join our free Telegram group for the quickest updates!

Top Generative AI News ðŸ”¥ðŸ”¥ðŸ”¥

🚨 OpenAI Board of Directors Evaluates Its Corporate Structure to Make a Stronger Non-profit Supported By the For-profit’s Success

📲📲 Grok is Coming to iPhone — Elon's X-based AI Chatbot is Getting Its Own Stand-alone App.

📉📉 OpenAI’s ChatGPT, API, and Sora were down again for several hours! Stay updated regarding outages here!

📈 Elon Musk’s AI Company, xAI, has Raised $6 Billion in a Series C Financing Round!

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Important AI Updates ðŸ§µðŸ§µðŸ§µ

OpenAI’s Board of Directors is evaluating its corporate structure to best support its mission of ensuring that artificial general intelligence (AGI) benefits all of humanity. The Board is exploring the Public Benefit Corporation (PBC) corporate structure.

The PBC business model seeks to balance profit-driven growth with public benefit. It plans to secure enough capital while strengthening the non-profit component. This approach could redefine AI advancements, drawing attention from other AI startups, tech giants, and policymakers.

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