OpenAI Restructure Paves Way for IPO and AI Spending Spree
(Bloomberg) — In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped would be a relatively straightforward process of converting to a more traditional for-profit business that would be more appealing to investors. Then came the pushback. Most Read from Bloomberg Elon Musk, an…