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OpenAI outlines plans to be for-profit

WASHINGTON, D.C. — ChatGPT-maker OpenAI laid out plans on Friday for a new corporate structure shifting away from control by a nonprofit an issue of contention for the artificial intelligence trailblazer.

OpenAI was founded as a nonprofit in 2015 and has since switched to a 'capped' for-profit enterprise allowing for a limited level of money making.

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