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

OpenAI appears to have decided that transferring control away from its nonprofit isn't worth the hassle after all. The AI ...

Microsoft, which has invested $13.75 billion in the startup, remains the biggest holdout among investors as the ChatGPT maker ...

After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but ...

OpenAI lifts its profit cap and restructures as a public benefit company, but Microsoft approval remains uncertain.

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came ...

OpenAI, led by Sam Altman, has decided to retain nonprofit control over its for-profit operations, scaling back its ...

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

OpenAI plans to retain its nonprofit status while spinning off its for-profit arm into a Public Benefit Corporation, despite ...

In a surprising turn, ChatGPT creator OpenAI will remain under nonprofit control, reversing plans for a for-profit transition ...

Elon Musk got what he wanted. OpenAI is dropping its plan to become a for-profit company and will remain under the control of ...

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 ...