OpenAI has raised tens of billions of dollars. But it's struggling to fundraise due to its nonprofit status, according to a ...

OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former employees, academics and rivals, including billionaire Elon Musk.

OpenAI has decided that the future of ChatGPT development towards AGI needs A Public Benefit Corporation under nonprofit ...

Altman said that converting from a limited liability company to a public benefit corporation “just sets us up to be a more understandable structure to do ... in February announced plans to set up a ...

OpenAI is shaking up its corporate structure to bring in new investors and accelerate the development of artificial general intelligence (AGI). During a Monday press call, OpenAI announced it is ...

Investing.com -- OpenAI scrapped plans to change the entity that controls the company to a for-profit structure, following pressure from Elon Musk. Previously, the company detailed plans to change ...

A group of activists is turning to an old playbook to influence the future of one of the world’s most powerful AI companies.

OpenAI announced on Monday that the artificial intelligence (AI) giant is scuttling its plan to move the company away from a nonprofit structure to becoming a for-profit company. The ChatGPT-maker ...

Control over one of the biggest players in artificial intelligence keeps getting shuffled around, with OpenAI reshaping its corporate structure (again). It's a big deal, as OpenAI is one of the ...

I’ve previously covered the wrangling over OpenAI’s potential change of structure. I wrote about the challenge of pricing the assets owned by the nonprofit, and we reported on Elon Musk’s ...

Microsoft, which has invested $13.75 billion in the startup, remains the biggest holdout among investors as the ChatGPT maker ...

Altman said that converting from a limited liability company to a public benefit corporation “just sets us up to be a more understandable structure ... to set up a joint company with OpenAI ...