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

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

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the ...

OpenAI has been working for months to no longer be controlled by a nonprofit. It’s now giving up.

ChatGPT creator OpenAI (OPAI.PVT) announced on Monday that it would remain under the control of a nonprofit, a move that ...

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its ...

CEO Sam Altman published a letter announcing the plan on Monday.

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

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

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