OpenAI has decided that its nonprofit division will retain control over its for-profit org, after the company initially announced that it planned to convert to a for-profit organization. According to the company, OpenAI’s business wing, which has been under the nonprofit since 2019, will transition to a public benefit corporation (PBC). The nonprofit will control and also be a large shareholder of the PBC. “OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit...