ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors.
Get plausible deniability, rack in VC cash, lock in the capital, leave everyone holding the bags.
We just had this with Theranos, though that was based on a complete lie, so I’ll wait and see how this goes.
Because LLMs will not form a ‘superintelligence’ or whatever they want to call it.
LLMentalist as always