OpenAI needs to restructure itself or lose billions of dollars. It thinks it has a new solution. Experts are skeptical.

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

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

OpenAI on Monday announced a proposed restructuring that would give its nonprofit arm ongoing control of ChatGPT and the rest ...

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

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

OpenAI first outlined plans last year to convert its core governance structure but faced a number of challenges.

OpenAI has dropped a plan to turn itself into a fully for-profit company. But the about-face raises a lot more questions.

OpenAI is moving forward with plans to become a more conventional for-profit business, but with a key change designed to ...

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its ...

In an official OpenAI blog post announcing the latest restructuring decision, CEO Sam Altman wrote: "We made the decision for ...