The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder ...

The nonprofit, which has always maintained a controlling stake in OpenAI through an unconventional hybrid structure, will now ...

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday ...

ChatGPT creator OpenAI announced on Monday that it would remain under the control of a nonprofit, a move that followed public ...

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation ...

“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...

OpenAI CEO Sam Altman has been working on wriggling out from under the control of the company’s nonprofit board ever since ...

The AI startup says it will change its for-profit subsidiary into a public-benefit corporation, following controversy over ...

The nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, ...