OpenAI is reportedly planning to restructure its corporate governance, shifting from its current non-profit model to a more traditional for-profit structure. This move, expected to occur next year, aims to facilitate a significant fundraising round of $6.5 billion and potentially boost the company's valuation to $150 billion. CEO Sam Altman has communicated these changes to the staff, highlighting the company's evolution and the increasing pressure from competitors like Anthropic, Google, and Meta. The current structure, which includes a non-profit entity governing a for-profit arm, is considered unusual and has been a point of discussion among investors and employees. The restructuring, which may include an IPO next year, is seen as a strategic step to attract more investment and support OpenAI's ambitious goals in the AI industry. Investors and employees currently own shares of future profit distributions instead of traditional equity.