The AI startup says it will change its for-profit subsidiary into a public-benefit corporation, following controversy over ...

ChatGPT-maker OpenAI said it scrapped its for-profit conversion plan after discussions with civic leaders and the attorneys ...

A FEDERAL JUDGE sitting in Oakland has dismissed nearly a dozen of the claims billionaire Elon Musk has asserted in his ...

The AI lab founded to serve humanity is restructuring to let investors and employees profit without limits—deepening fears ...

OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...

OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day ...

The giant artificial intelligence start-up dialed back its corporate reorganization plan, but big questions remain about its ...

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

Elon Musk's lawyer told media outlets that OpenAI's announcement that a nonprofit would remain in control of the ChatGPT ...

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday ...

OpenAI reaffirms its nonprofit governance structure, balancing innovation with ethical responsibility in the AI industry.

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