The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...

Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate ...

OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would ...

OpenAI is officially done pretending it can run like a charity. On Friday, the company announced it has finalized plans to ...

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...

OpenAI, founded a decade ago as a research organization, is considering a change to the AI company’s structure that would ...

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

Elon Musk has a lot going on as 2024 winds to a close. The CEO of both Tesla (TSLA) and SpaceX is finishing a busy year that ...

OpenAI Chairman Bret Taylor speaks to Axios' Ina Fried at the recent Axios AI+ Summit in San Francisco. Photo: Chris ...

OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a ...

But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...

The news isn’t entirely good for tech. There was backlash in 2024 that includes layoffs at many tech companies (along with ...