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corporate restructure
Corporate restructure is the process by which a company reorganizes its operations, legal structure, assets, or finances to improve efficiency, adapt to new market conditions, reduce costs, or better align with strategic goals. This can involve actions such as mergers, acquisitions, divestitures, changes in management structure, or financial restructuring.
OpenAI Completes Restructure, Establishes OpenAI Foundation Control
OpenAI has officially completed a major corporate restructuring, separating its operations into two entities: the commercial OpenAI Group and the nonprofit OpenAI Foundation, which will hold controlling oversight of the...
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