In a recent turn of events, the Attorney General of Delaware is engaging an investment bank to offer guidance on OpenAI's shift to a profit-making structure, says an article from the Wall Street Journal. This third-party analysis could possibly slow down the conversion process or even add more layers of complexity to OpenAI's plans.

The transformation of OpenAI into a profit-oriented entity may foster drawing in fresh investments and even lead to an initial public offering. But of course, there's the not-so-insignificant matter of obtaining the green light from state regulators. And while both OpenAI and Microsoft have sought the insights of their appointed investment banks on the transaction, a fresh viewpoint is being sought by the Attorney General of Delaware; he’s particularly interested in the equity share that OpenAI's non-profit entity will get.

The switch of OpenAI might hinge on a critical aspect that regulators are scrutinizing closely, as it could majorly alter the final amount OpenAI pays to simplify its model. Corporate governance professionals are speculating that Elon Musk might have inadvertently ramped up the price of OpenAI's nonprofit entity with his bold $97.4 billion acquisition offer for the startup. This is notable, despite OpenAI turning down the hefty bid right away.