OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...

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

OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...

The youth advocacy group Encode is supporting Musk's lawsuit seeking a preliminary injunction that would stop OpenAI from ...

Encode, supported by Geoffrey Hinton, has argues in court that OpenAI’s governance changes compromise public safety and ethical AI goals.

Market watchers have said an initial public offering from OpenAI seems unlikely in 2025 given that it’s been able to raise ...

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

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

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the ...

Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...