“Nonprofit control over how AGI is developed and governed is so important to OpenAI’s mission that removing control would ...

The updated plan comes amid criticism from former business partner Elon Musk and others that the company was deviating from ...

CEO Sam Altman published a letter announcing the plan on Monday.

As OpenAI eyes a public offering, discussions with Microsoft focus on future technology access and investment structures.

OpenAI faces backlash over their for-profit plan. In a new letter citing AI safety, experts have asked AGs to intervene.

OpenAI’s unusual equity structure makes it difficult for employees to donate a portion of their holdings to charity.

"OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit," OpenAI chairman Bret Taylor said in an introduction to Altman's letter. "Going forward, it will continue to ...

The push to restructure reflects OpenAI’s growing business ambitions. Read more at straitstimes.com. Read more at straitstimes.com.

OpenAI first outlined plans last year to convert its core governance structure but faced a number of challenges. One is a lawsuit from Musk, who accuses the company and Altman of betraying the ...

OpenAI has recruited Jony Ive, the designer behind Apple’s iPhone, to lead a new hardware project for the artificial ...

OpenAI’s board of directors is bound not ... could drive it to underplay AI safety — and that it would have a governance structure that left it positioned to do the right thing.