OpenAI is a strange company for strange times. Valued at $300 billion—roughly the same as seven Fords or one and a half ...

In a statement, board chair Bret ... Without Microsoft’s sign-off, the proposed structure could face delays. Meanwhile, Musk — who co-founded OpenAI but left in 2018 — continues his legal ...

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 organizational structure. The move ...

She will continue serving as Chair of the Instacart Board after stepping down as CEO. OpenAI’s evolving structure and AI ... such as its hit ChatGPT and Microsoft’s Copilot (also powered ...

OpenAI currently operates under a hybrid structure in which OpenAI Inc is a non-profit organisation and OpenAI LLC, of which software giant Microsoft ... have a separate board from the for-profit ...

On Monday, ChatGPT-parent OpenAI said that it will retain its nonprofit parent's control over its for-profit operations, scaling back a plan to transition fully to a public benefit corporation ...

He said OpenAI would work with major backer Microsoft (MSFT.O), opens new ... He added he was concerned that in the PBC structure, the board would be obligated to maximize shareholder value.

Microsoft, which has been a close partner of the company and invested billions of dollars in it, announced that Altman and OpenAI's former ... of its nonprofit structure, the board differs from ...

OpenAI CEO Sam Altman became a household name after the release of OpenAI's groundbreaking AI model, ChatGPT.

Now, OpenAI’s nonprofit board — the one that briefly fired ... In a memo to OpenAI employees, Altman says the old subsidiary structure that capped returns “made sense when it looked like ...