Sam Altman-run OpenAI will continue to be overseen and controlled by the nonprofit and its 'for profit LLC' will transition ...

“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely ...

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...

ChatGPT creator OpenAI (OPAI.PVT) announced on Monday that it would remain under the control of a nonprofit, a move that followed public questions, criticisms, and litigation about plans for the ...

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its commercial business into its own for-profit company.

The U.S. Center for SafeSport today announced the election of new board members, representing leaders in sports, health, and ...