OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...

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

OpenAI has announced its intention to shift into a for-profit entity, marking a significant milestone in its evolution.

Since it faced difficulties in raising funds, OpenAI announced its “capped profit” structure in 2019. The OpenAI Nonprofit remained as before, and its board was responsible for the overall governance ...

OpenAI's challenges in 2024 will shape the future of AI, setting precedence for AI regulation, AI governance and usage of ...

OpenAI's planned restructuring will likely require the company's board to put a price tag on its groundbreaking technology.

Meta has joined Elon Musk in urging California lawmakers to stop ChatGPT maker OpenAI from becoming a fully for-profit ...

Last month, Musk asked a federal court to stop OpenAI from moving to a for-profit business structure. In the last year, Musk has twice sued OpenAI in an effort to stop the startup from adopting a ...

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

In a 2015 email, Musk said OpenAI's nonprofit structure didn't seem "optimal." OpenAI responded to co-founder Elon Musk on Friday with a new legal filing and a pointed blog post featuring the ...