Explainer: Why OpenAI plans transition to public benefit corporation
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would ...
OpenAI reveals plan to convert to public benefit corporation
OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...
OpenAI’s deal with News Corp could distort flow to public, experts warn
While News Corp has signed commercial deals with OpenAI, most local publishers have blocked AI firms from scraping their news ...
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...
OpenAI mulls plan around for-profit structure to propel ChatGPT maker
OpenAI plans to create a for-profit corporation alongside its nonprofit arm to advance artificial general intelligence while ...
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OpenAI says it needs ‘more capital than we'd imagined' as it lays out for-profit plan
OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
Under the proposed structure, the public benefit corporation (PBC) will run and control OpenAI's operations and business, ...
OpenAI Says It Needs More Money as the ChatGPT Maker Moves Toward For-Profit Structure
ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...
OpenAI Wants to Create a ‘Public Benefit Corporation.’ Here’s What That Means.
OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the ...
OpenAI Outlines Plans To Becoming For-profit Company
ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting away from control by a non-profit -- an issue of contention for the artificial intelligence trailblazer.