OpenAI Don Become Public Benefit Corp, Clear Road to IPO

OpenAI don change how dem set up dia profit side become public benefit corporation (PBC), dem remove how much investors fit collect gain as income but dia nonprofit parent still dey control and get big stake wey worth pass $100 billion. Regulators for California and Delaware don approve the matter. Microsoft still get 27% stake plus IP rights until 2032. Early investors don change their share to common equity and SoftBank $22.5 billion investment still dey wait. This new setup go allow dem to work with plenty cloud providers and e also clear road for IPO to get the big capital OpenAI need — about $1.15 trillion by 2029 compared to $13 billion expected revenue for 2024. Management dey expect $12.7 billion revenue by 2025.