OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...

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 Federal Aviation Administration said on Friday that it has issued a commercial space launch license for Blue Origin's — ...

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

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

In 2024, lawsuits brought by content creators will test the limits of fair use in AI. These cases will focus on whether AI ...

Under the proposed structure, the public benefit corporation (PBC) will run and control OpenAI's operations and business, ...

OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would ...

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 ...

ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...