Foresight News reported that OpenAI is in preliminary discussions with regulators to try to convert its nonprofit structure into a for-profit company, currently valued at $157 billion. According to two insiders, the company is in initial negotiations with the California Attorney General's office regarding the procedures for changing its corporate structure. During this process, regulators may closely examine how OpenAI assesses a range of highly profitable intellectual properties, such as its ChatGPT. The Delaware Attorney General has also been in communication with them regarding the transition from nonprofit to for-profit.