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#publicbenefitcorporation

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Winbuzzer<p>Elon Musk and OpenAI Agree to Fast-Track Trial Over For-Profit Shift</p><p><a href="https://mastodon.social/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElonMusk</span></a> <a href="https://mastodon.social/tags/OpenAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OpenAI</span></a> <a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AI</span></a> <a href="https://mastodon.social/tags/PublicBenefitCorporation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicBenefitCorporation</span></a> <a href="https://mastodon.social/tags/LegalBattle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LegalBattle</span></a> <a href="https://mastodon.social/tags/AIethics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AIethics</span></a> <a href="https://mastodon.social/tags/MuskVsOpenAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MuskVsOpenAI</span></a> <a href="https://mastodon.social/tags/AIGovernance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AIGovernance</span></a></p><p><a href="https://winbuzzer.com/2025/03/15/elon-musk-and-openai-agree-to-fast-track-trial-over-for-profit-shift-xcxwbn/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">winbuzzer.com/2025/03/15/elon-</span><span class="invisible">musk-and-openai-agree-to-fast-track-trial-over-for-profit-shift-xcxwbn/</span></a></p>
Winbuzzer<p>OpenAI has secured a legal victory as a court dismisses Elon Musk’s bid to prevent its restructuring</p><p><a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AI</span></a> <a href="https://mastodon.social/tags/OpenAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OpenAI</span></a> <a href="https://mastodon.social/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElonMusk</span></a> <a href="https://mastodon.social/tags/xAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>xAI</span></a> <a href="https://mastodon.social/tags/GenAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GenAI</span></a> <a href="https://mastodon.social/tags/AGI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AGI</span></a> <a href="https://mastodon.social/tags/AIResearch" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AIResearch</span></a> <a href="https://mastodon.social/tags/PublicBenefitCorporation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicBenefitCorporation</span></a> <a href="https://mastodon.social/tags/Grok" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Grok</span></a> <a href="https://mastodon.social/tags/ChatGPT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChatGPT</span></a></p><p><a href="https://winbuzzer.com/2025/03/05/judge-dismisses-musks-legal-attempt-to-halt-openais-for-profit-shift-xcxwbn/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">winbuzzer.com/2025/03/05/judge</span><span class="invisible">-dismisses-musks-legal-attempt-to-halt-openais-for-profit-shift-xcxwbn/</span></a></p>
apfeltalk :verified:<p>OpenAI wird Public-Benefit-Corporation: Was das bedeutet und warum es wichtig ist<br>OpenAI hat angekündigt, seine gewinnorientierte Sparte in eine sogenannte Public-Benefit-Corporation (PBC) nach Delaware-Recht umzuwandeln.<br><a href="https://www.apfeltalk.de/magazin/news/openai-wird-public-benefit-corporation-was-das-bedeutet-und-warum-es-wichtig-ist/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">apfeltalk.de/magazin/news/open</span><span class="invisible">ai-wird-public-benefit-corporation-was-das-bedeutet-und-warum-es-wichtig-ist/</span></a><br><a href="https://creators.social/tags/KI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KI</span></a> <a href="https://creators.social/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://creators.social/tags/Anthropic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Anthropic</span></a> <a href="https://creators.social/tags/KIEthik" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KIEthik</span></a> <a href="https://creators.social/tags/KIFinanzierung" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KIFinanzierung</span></a> <a href="https://creators.social/tags/Nachhaltigkeit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Nachhaltigkeit</span></a> <a href="https://creators.social/tags/OpenAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OpenAI</span></a> <a href="https://creators.social/tags/PBC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PBC</span></a> <a href="https://creators.social/tags/PublicBenefitCorporation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicBenefitCorporation</span></a> <a href="https://creators.social/tags/Unternehmensstruktur" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Unternehmensstruktur</span></a> <a href="https://creators.social/tags/VerantwortungsvolleKI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VerantwortungsvolleKI</span></a> <a href="https://creators.social/tags/xAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>xAI</span></a></p>
Lowyat.NET<p>OpenAI To Transition To For-Profit Public Benefit Corporation <a href="https://mastodon.social/tags/ai" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ai</span></a> <a href="https://mastodon.social/tags/artificalintelligence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>artificalintelligence</span></a> <a href="https://mastodon.social/tags/artificialintelligence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>artificialintelligence</span></a> <a href="https://mastodon.social/tags/openai" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>openai</span></a> <a href="https://mastodon.social/tags/pbc" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pbc</span></a> <a href="https://mastodon.social/tags/publicbenefitcorporation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>publicbenefitcorporation</span></a></p><p><a href="https://www.lowyat.net/2024/340062/openai-to-transition-to-for-profit/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">lowyat.net/2024/340062/openai-</span><span class="invisible">to-transition-to-for-profit/</span></a></p>
Ben Royce 🇺🇦<p><span class="h-card" translate="no"><a href="https://wandering.shop/@kithrup" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>kithrup</span></a></span> <span class="h-card" translate="no"><a href="https://ottawa.place/@Dianora" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Dianora</span></a></span> <span class="h-card" translate="no"><a href="https://mstdn.ca/@JonChevreau" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>JonChevreau</span></a></span> <span class="h-card" translate="no"><a href="https://mas.to/@mardigroan" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>mardigroan</span></a></span> </p><p>false</p><p>a <a href="https://mastodon.social/tags/publicbenefitcorporation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>publicbenefitcorporation</span></a>, as a legal definition, simply says a company *may* (it doesn't have to) consider public benefit instead of <a href="https://mastodon.social/tags/profit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>profit</span></a></p><p>while a <a href="https://mastodon.social/tags/nonprofit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>nonprofit</span></a> like <a href="https://mastodon.social/tags/mastodon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>mastodon</span></a> can indeed be corrupted. but that's a far better position (the board may be corrupted someday) than <a href="https://mastodon.social/tags/bluesky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bluesky</span></a> (already is at the whims of whoever moves in and buys shares)</p>
Cory Doctorow<p>They raised more capital, and used that to create a nice place for independent artists, who piled into the platform and provided millions of unpaid hours of creative labor to help the founders increase its value. The founders and their investors turned the company into a <a href="https://mamot.fr/tags/PublicBenefitCorporation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicBenefitCorporation</span></a> which meant they had an obligation to serve the public benefit. </p><p>12/</p>
Jocelyn<p><span class="h-card"><a href="https://zirk.us/@ChrisMayLA6" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>ChrisMayLA6</span></a></span> <span class="h-card"><a href="https://mastodonapp.uk/@MattMastodon" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>MattMastodon</span></a></span> <br>So what is the 'asset lock' system in place? I've looked up <a href="https://en.wikipedia.org/wiki/Community_interest_company" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.wikipedia.org/wiki/Communit</span><span class="invisible">y_interest_company</span></a> and the linked article on US <a href="https://mastodon.gougere.fr/tags/publicBenefitCorporation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>publicBenefitCorporation</span></a> and haven't seen any specifics about their governance? Can they be controlled e.g. by an investment fund?</p><p>It looks like it's all up to the regulating authority. For once, the French system is much more self-regulated (but there is also regulation in France of course, when it comes to determine which <a href="https://mastodon.gougere.fr/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxation</span></a> regime applies)</p>
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