OpenAI is transitioning away from its nonprofit structure, which could result in substantial financial gains for its employees. Approximately 400 current and former employees are set to benefit from a private stock sale, allowing them to cash out up to $10 million each. The stock sale is facilitated by SoftBank Group, with shares priced at $210 each. This move is expected to cost OpenAI's nonprofit arm billions of dollars. The shift in OpenAI's operational model has raised questions about the implications for its charitable mission and the broader tech industry. Meanwhile, Perplexity AI has also made headlines by closing a $500 million funding round, tripling its valuation to $9 billion, and acquiring the RAG startup Carbon.