The latest plot twist in OpenAI's epic corporate drama leaves Sam Altman only part way toward his goal, announced last year, of separating the ChatGPT maker from the nonprofit that controls it. Why it matters: Since Altman was briefly ousted as CEO by the nonprofit board in November 2023,

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the process, delivered a new technology with potentially world-changing implications.

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