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

Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate ...

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

AI reported that it had successfully raised US$6 billion (~RM26.88 billion) in funding during a recent Series C funding ...

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

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

OpenAI is shifting to a for-profit structure by 2025 to raise more cash and compete with tech giants like Microsoft, Google, ...

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

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

But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...

The development itself is hardly surprising, given that there have been prior speculations that OpenAI could bring changes in the inner workings of the company, and not everyone was in support of this ...