OpenAI was founded in 2015 as a nonprofit research lab. But as its experiments became increasingly capital intensive, it created its current structure, taking on outside investments from VCs and ...

Group that opposed OpenAI's restructuring raises concerns about new revamp plan A group that opposed OpenAI's restructuring wrote in a letter this week that the startup's new organizational plan ...

OpenAI is currently engulfed in a heated legal battle with Elon Musk, who co-founded the group as a nonprofit research lab in 2015. Musk is trying to keep OpenAI from converting into a for-profit ...

OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from SoftBank Group Corp. and other investors at a $300-billion ...

“The restructuring would remove nonprofit control and eliminate critical governance safeguards,” the group said in a letter posted online and submitted to OpenAI’s board. The move also has ...

SAN FRANCISCO, May 15 (Reuters) - A group that opposed OpenAI's restructuring wrote in a letter this week that the startup's new organizational plan still does not go far enough to safeguard the ...

The scale of this funding round is unprecedented. Before OpenAI, the largest private tech deal was Ant Group’s $14 billion raise in 2018. This new funding more than doubles that record and ...

A California judge permitted the lawsuit to proceed, highlighting the legal complexities surrounding OpenAI's governance changes. Additionally, a group of prominent AI experts and ethicists urged ...

OpenAI’s revamped restructuring plan is drawing new flak. In an open letter to the attorneys general of California and Delaware on Thursday, a group calling itself Not for Private Gain warned ...

The arrival of OpenAI's DALL-E 2 in the spring of 2022 marked a turning point in AI, when text-to-image generation suddenly became accessible to a select group of users, creating a community of ...

As it prepares to transition from a nonprofit corporation to a for-profit, OpenAI says it’s convening a group of experts to “help OpenAI’s philanthropy understand the most urgent and ...