A public benefit corporation is a for-profit entity that aims to produce social and environmental benefits in addition to ...

The public benefits charge has been drawing the ire of many customers since a July 1 rate hike to pay for a subsidy to Millstone Power Plan and for a pandemic-era ban on customer shutoffs.

OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its board exerts over operations. OpenAI thinks it has found a way to make ...

(Reuters) - OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against ...

While the ChatGPT owner still intends to form a public benefit corporation (PBC) that is meant to be more appealing to investors, the overall business would continue to be overseen by OpenAI’s ...