OpenAI CEO Sam Altman has been working on wriggling out from under the control of the company’s nonprofit board ever since ...

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday ...

OpenAI abandoned a controversial effort to place its juggernaut artificial-intelligence business under control of a ...

CEO Sam Altman published a letter announcing the plan on Monday.

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

OpenAI has been working for months to no longer be controlled by a nonprofit. It’s now giving up.

The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder ...

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the ...

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

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

OpenAI pauses its full for-profit shift, opting instead to turn its commercial arm into a Public Benefit Corporation.

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...