The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...

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." ...

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

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

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

OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with ...

The artificial intelligence startup on Wednesday posted on microblogging site X that Sam will return with a new initial board ...

OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.

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

OpenAI’s board of directors has promised investors that it will restructure the organization within the next two years.

OpenAI had a challenging journey in marking itself as a prominent force in Artificial Intelligence. However, major milestones ...