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

OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam Altman revealed on Monday – a surprise move that came after the artificial-intelligence juggernaut faced fierce pushback from ex-employees,

OpenAI, led by Sam Altman, has decided to retain nonprofit control over its for-profit operations, scaling back its transition to a public benefit corporation amid legal pressure and investor demands.