US AI-research and deployment company OpenAI has decided to go with a public benefit corporation (PBC) while still keeping ...

The announcement also came amid a bitter legal battle brought by OpenAI co-founder Elon Musk, which sought to block OpenAI’s transition away from nonprofit control, among other claims. A jury trial ...

OpenAI abandons plan to become for-profit company OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert ...

ChatGPT inventor OpenAI has reversed course on plans to transform into a for-profit company, announcing on Monday that it will remain under the control of its original non-profit entity. Photo: Hannes ...

OpenAI CEO Sam Altman has said saying "please" and "thank you" to ChatGPT costs "tens of millions of dollars," but is it worth it?