OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation ...

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam Altman revealed on Monday – a surprise move ...

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

“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...

The nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.

The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder ...

OpenAI CEO Sam Altman has been working on wriggling out from under the control of the company’s nonprofit board ever since ...

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

OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the ...

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...