OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...
OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...
I. BACKGROUND On October 23, 2024, Plaintiffs in the Authors Cases filed a motion to compel OpenAI to produce text messages and direct messages sent on X.com belonging to certain employees who ...
The US Court of Appeals for the Ninth Circuit affirmed a district court’s grant of a preliminary injunction (PI) in a trademark action under the Lanham Act, stating that the district court’s ...
OpenAI wants to change its status while retaining all of the benefits that enabled it to reach the point it has today,” Meta ...
(Bloomberg) -- Five Canadian news media publishers have sued OpenAI Inc. for breaching copyright by scraping content to train artificial intelligence products like ChatGPT — opening another ...
This interest is particularly acute here given the substantial tax benefits OpenAI, Inc. received as a non-profit, the organization's repeated public commitments to developing AI technology for ...
“Musk made absolutely clear that his donations—which established and sustained OpenAI, Inc. for years—were conditioned on Altman and [OpenAI President George] Brockman’s firm commitment to operate as ...
OpenAI CEO Sam Altman says he has faith that Elon Musk, with whom he founded OpenAI in 2015, won’t use his newfound political power to punish his rivals and advance his own interests. “It ...