Reports from California indicate that OpenAI, the artificial intelligence company behind ChatGPT, is facing significant regulatory scrutiny over its proposed restructuring plan. OpenAI, currently operating under a nonprofit parent organization, seeks to transition to a for-profit model. This move has drawn the attention of California and Delaware attorneys general, who are … [Read more...] about California Crackdown Could Drive OpenAI Out of the State
Delaware
AMC Ditches Delaware Amid Growing Corporate Departures
AMC Networks Inc. (owner of the popular cable AMC channel) plans to move from Delaware, its corporate domicile, and re-incorporate in Nevada. They will join a growing number of companies that are abandoning Delaware. AMC's announcement came just days after Madison Square Garden Entertainment announced its plans to leave Delaware. At least 20 other major companies have made … [Read more...] about AMC Ditches Delaware Amid Growing Corporate Departures