Sam Altman , CEO of OpenAI , affirmed the company’s commitment to staying in California after resolving a regulatory dispute with California Attorney General Rob Bonta. In a post on X, Altman said the company had spoken with the Attorney General two weeks earlier and made clear it would not follow other tech firms that threaten to relocate when facing scrutiny. The agreement clears the path for OpenAI’s restructuring into a public-benefit corporation and enables Microsoft to move ahead with a 27% ownership stake, marking a major step in the company’s governance evolution. OpenAI’s transformation from a non-profit organisation into a public-benefit corporation has required careful scrutiny from regulators. The company was originally founded to ensure that artificial intelligence wou
‘California is my home, we wouldn’t leave if..’: Sam Altman on OpenAI’s deal with the state
The Times of India2 hrs ago
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