SAN FRANCISCO (KRON) -- Leadership at one of San Francisco's top artificial intelligence startups is reportedly discussing the possibility of leaving California amid mounting scrutiny from state regulators. Executives at OpenAI, the company behind ChatGPT, have floated a "last-ditch" option of leaving the state following regulatory setbacks in the startup's efforts to become a for-profit company, the Wall Street Journal is reporting.

OpenAI, lead by CEO and founder Sam Altman, is being investigated by the attorneys general in California and Delaware over its plan to transition from a nonprofit. According to the WSJ, the startups financial backers have conditioned some $19 billion in funding on receiving shares in a restructured for-profit OpenAI.

Loss of that funding, nearly half what th

See Full Page