News

OpenAI's restructuring plans position it for a potential future IPO, but any such decision would depend on the mood in public ...
OpenAI CFO Sarah Friar said the new structure enacted by the ChatGPT maker this month paves the way for an initial public ...
ChatGPT maker OpenAI announced Monday that it will remain under control of its nonprofit board. Rather than transitioning toward a for-profit structure as planned, OpenAI said the limited liability ...
(Michael Dwyer / Associated Press) ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its ...
STORY: OpenAI has dialed back its plan to turn into a for-profit company, announcing its nonprofit parent will stay in control, according to its CEO Sam Altman Monday. It's the latest after years ...
OpenAI's nonprofit will have operational control over the public benefit corporation and will be a large shareholder in it. "We made the decision for the nonprofit to retain control of OpenAI ...
OpenAI has bowed to pressure from civic leaders and ex-employees, announcing in a blog post on Monday that its nonprofit would retain control of the company even as it restructures into a public ...
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 ...
On Wednesday, OpenAI announced that former Apple design chief Jony Ive and his design firm LoveFrom will take over creative ...
After months of pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and ...
The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its ...