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As a BDC, Ares Capital makes loans to middle-market companies, which generate between $10 million and $250 million in annual ...

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

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Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...