OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...

OpenAI's challenges in 2024 will shape the future of AI, setting precedence for AI regulation, AI governance and usage of ...

OpenAI announced its “capped profit” structure in 2019. The OpenAI Nonprofit remained as before, and its board was responsible for the overall governance of all OpenAI activities. The new for-profit ...

OpenAI has reportedly finalized plans to pay billions to its nonprofit board as it transitions to a for-profit model, ...

OpenAI has proposed restructuring its for-profit wing as a PBC to attract investors while maintaining the non-profit; in line ...

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

In a recent interview, Sam Altman describes Elon Musk as a bully, which highlighted their troubled relationship.

Counsel for billionaire Elon Musk have filed for an injunction against OpenAI, seeking to prevent the company from ...

OpenAI CEO Sam Altman believes that Elon Musk's hostility stems from the company's success and his lack of control over the company.

Converting OpenAI's governance structure to a for-profit and "transferring any material assets, including intellectual property owned, held, or controlled by OpenAI, Inc., its subsidiaries ...

The lawsuit also brings attention to OpenAI’s governance structure. Musk claims that the organization’s board lacks independence and is plagued by conflicts of interest. For example ...