OpenAI says its non-profit arm would receive shares in the new public benefit corporation at a valuation determined by independent financial advisors (Cade Metz/New York Times)

Cade Metz / New York Times:
OpenAI says its non-profit arm would receive shares in the new public benefit corporation at a valuation determined by independent financial advisors  —  OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would receive shares in the new company.