OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation that would make ...

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 ...

The launch of the for-profit arm paved the way to the two multibillion-dollar funding rounds that OpenAI has closed since the ...

We have altered the deal, pray we don’t alter it any further Amid growing competition and skyrocketing compute requirements ...

The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...

Everyone knows Microsoft (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

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

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.

The California-based organization said it plans to change its existing for-profit entity into a Delaware Public Benefit Corporation, or B-Corp, which is a similar structure to sustainability-focused ...