OpenAI is understood to be in preliminary discussions with regulators to try to turn the $157 billion company's nonprofit structure into a for-profit enterprise. According to two people familiar with the matter, the company is in preliminary talks with the California attorney general's office about the process of changing the company's structure. In the process, regulators are likely to scrutinize how OpenAI evaluates a range of highly profitable intellectual property, such as its ChatGPT.