OpenAI is currently engaged in initial discussions with California regulators regarding the possibility of transitioning from a non-profit organization to a for-profit entity.
These discussions involve the California attorney general's office, which will likely assess how OpenAI values its extensive intellectual property portfolio, including its widely used ChatGPT application.
OpenAI aims to take advantage of its substantial market presence, estimated to be valued at $157 billion. The examination by regulators will be crucial in determining the feasibility and implications of this structural change for the company.