According to PANews, OpenAI announced its transformation into a "Public Benefit Corporation" (PBC) to better balance the company's mission with capital operations. This PBC will continue to be supervised and controlled by OpenAI's original nonprofit organization, which will also become its primary shareholder. OpenAI Board Chair Bret Taylor and CEO Sam Altman stated that this decision was made after discussions with the judicial departments of California and Delaware, aimed at ensuring that AI development benefits all of humanity and enhancing fundraising capabilities to meet the enormous computational resources required in the AGI era.