OpenAI says the plan “would result in one of the best-resourced non-profits in history,” and allow it to raise funds with ...
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...
OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...
ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...
OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...
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 whistleblower Suchir Balaji's death was ruled a suicide — but his family is calling on police to reopen their ...
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...