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

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, ...

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the ...

OpenAI is changing its structure. It will now operate as a Public Benefit Corporation. This shift aims to develop artificial ...

The latest plot twist in OpenAI's epic corporate drama leaves Sam Altman only part way toward his goal, announced last year, ...

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...

OpenAI, led by Sam Altman, has decided to retain nonprofit control over its for-profit operations, scaling back its ...

OpenAI reverses governance shift, keeping its nonprofit parent in control. The decision comes amid Elon Musk’s lawsuit accusing the company of betraying its original mission., Technology & Science New ...

Elon Musk got what he wanted. OpenAI is dropping its plan to become a for-profit company and will remain under the control of ...

The decision comes after OpenAI CEO Sam Altman tried to shift the company’s structure to a full for-profit model in order to ...

OpenAI CEO Sam Altman said the company behind ChatGPT would continue to be run as a nonprofit, as it abandoned its plan to ...

OpenAI will transition to running under the oversight of a non-profit, and its profit side is to become a Public Benefit ...