OpenAl has announced the completion of a capital restructuring and may be preparing for an IPO.

BlockBeats News, October 29, OpenAl announced on Tuesday that it has completed a capital restructuring, streamlining the company's architecture, with the nonprofit organization still controlling the for-profit entity. This arrangement will enable OpenAl to separate itself from the nonprofit's foundation and potentially go public. OpenAl CEO Sam Altman stated, "Considering the company's future capital needs, an IPO is the most likely path."