OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.

Oklo is a nuclear power company that develops small modular nuclear reactors to provide clean energy made from nuclear waste.

Even with the restructuring, OpenAI's nonprofit branch will still play an important role. It will own a large share of the ...

In a recent blog post, OpenAI revealed plans to split into two entities: a Public Benefit Corporation (PBC) and a non-profit ...

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

This holiday season, OpenAI 's employees and former staff could experience an extraordinary financial windfall. A private ...

The restructuring isn’t without opposition. Last month, Elon Musk filed a motion to block OpenAI’s shift to for-profit status ...

Cathie Wood is the founder of Ark Investment Management, which operates several tech-focused exchange-traded funds. Wood ...

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...

The Financial Times, as well as News Corp, which controls Fox News and The Wall Street Journal, have also struck agreements ...

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...