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 ...

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

Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...

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

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

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

OpenAI was founded in 2015 as a nonprofit organization with the ideal goal of building safe and beneficial AI for humanity.

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

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