Recently, Reuters reported that OpenAI is undergoing a new round of financing, with a valuation reaching as high as $150 billion. However, behind this remarkable valuation, OpenAI must undertake a significant corporate restructuring to lift the profit cap for investors. The latest financing will be conducted in the form of convertible notes, with specific progress depending on whether this startup can successfully alter its existing corporate structure. Looking back at OpenAI's history, since its establishment in 2015, it initially operated as a nonprofit organization dedicated to developing cutting-edge technology.