How to Use benefit corporation in a Sentence
benefit corporation
noun-
This was the third time that Lennon has won the contest sponsored by Desmos, a public benefit corporation that offers free math tools online.
—Karen Billing, San Diego Union-Tribune, 3 Mar. 2026
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The Preservation Trust leases to a public benefit corporation created by the state.
—Jasmin Sanchez, New York Daily News, 9 June 2026
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In the coming months, the company plans to rename itself NewBird AI and give up its status as a public benefit corporation.
—Suvrat Dhanorkar, The Conversation, 18 May 2026
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Anthropic’s mission was guided by its differentiation strategy as a public benefit corporation in a rapidly evolving field.
—Encyclopedia Britannica, 26 Apr. 2022
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The swing comes three months after OpenAI announced a restructuring that involved its for-profit arm becoming a public-benefit corporation.
—Jordan Novet, CNBC, 28 Jan. 2026
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In October, the company restructured as a public benefit corporation, which is a for-profit company working towards the public benefit.
—Lia Russell march 24, Sacbee.com, 24 Mar. 2026
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The bankruptcy plan requires Purdue cease operations to form a new public benefit corporation called Knoa Pharma, which is run by a nonprofit foundation.
—Eduardo Cuevas, USA Today, 1 May 2026
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Late last year, OpenAI overhauled its structure again to become a public benefit corporation, in which the nonprofit and other investors including Microsoft hold stakes.
—Deepa Seetharaman, USA Today, 29 Apr. 2026
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Last fall, OpenAI overhauled its structure again to become a public benefit corporation, in which the nonprofit and other investors including Microsoft hold stakes.
—Deepa Seetharaman, USA Today, 27 Apr. 2026
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Last year, the two clashed as OpenAI restructured itself into a for-profit public benefit corporation, but eventually settled on a new agreement in September.
—Frank Landymore, Futurism, 19 Mar. 2026
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OpenAI has been working to transition its governance model into a public benefit corporation structure, a change aimed at easing capital access and enabling broader partnerships.
—Neetika Walter, Interesting Engineering, 8 June 2026
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The Pennsylvania newspaper became a for-profit public benefit corporation in 2016.
—Alnoor Ebrahim, The Conversation, 13 Feb. 2026
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In 2025, the company further evolved into a for-profit public benefit corporation, under the OpenAI foundation.
—Samantha Delouya, CNN Money, 28 Apr. 2026
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The trial, of course, is centered on whether OpenAI abandoned its charitable founding mission as its for-profit arm fundraised record sums from Microsoft and others and its parent company restructured into a public-benefit corporation.
—Andrew Nusca, Fortune, 13 May 2026
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By October 2025, OpenAI completed its conversion to a for-profit public benefit corporation.
—David Zimmermann, The Washington Examiner, 28 Apr. 2026
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Like OpenAI, Anthropic pairs a controlling mission entity (the Long-Term Benefit Trust) with a public benefit corporation.
—Catherina Gioino, Fortune, 1 June 2026
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Meanwhile, OpenAI completed its conversion to a public benefit corporation last October, a restructuring Fried argues doesn’t solve the underlying problem.
—Catherina Gioino, Fortune, 1 June 2026
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With the entertainment industry in flux and talk everywhere about new models, Level Forward has been plugging away at one as a public benefit corporation — a for-profit company legally required to balance a focus on earnings with positive societal or environmental impact.
—Jill Goldsmith, Deadline, 19 May 2026
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OpenAI's for-profit arm is also a public benefit corporation controlled by a nonprofit foundation whose directors must balance shareholder returns against a broader mission—a structure whose instability was laid bare when OpenAI's board fired and briefly ousted Sam Altman in 2023.
—Beatrice Nolan, Fortune, 2 June 2026
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Aside from its relationship with Microsoft, OpenAI cited risks such as its significant capital expenditures, reliance on compute resources, ongoing litigation with Elon Musk’s xAI, and its unusual structure as a public benefit corporation, whose parent is the OpenAI Foundation.
—Lora Kolodny,ashley Capoot, CNBC, 23 Mar. 2026
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'benefit corporation.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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