This would leave a non-profit section of OpenAI with ... The switch to for-profit raises the company value, which could in return result in even more investments. These investments would then ...

OpenAI has officially dropped efforts to change the company to a for-profit business, but at the same time has reduced limits on its for-profit subsidiary. When the company launched in late 2015, it ...

The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder ...

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its ...

“Nonprofit control over how AGI is developed and governed is so important to OpenAI’s mission that removing control would ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely ...

On a call, OpenAI CEO Sam Altman (seen in January at the White House in Washington, D.C.) touched on the company's ongoing legal battle with Elon Musk, who co-founded the nonprofit research lab ...

OpenAI has actually canceled decision to transform into a commercial company after extensive consultations with the public and lawyers. «We made the decision to allow the nonprofit to retain control ...

including non-profits and labor groups like the California Teamsters, petitioned California Attorney General Rob Bonta to stop OpenAI from becoming a for-profit. They claimed the company has ...

The announcement follows a storm of criticism and legal challenges, including a high-profile lawsuit filed by rival Elon Musk, who has accused the company ... harder if a non-profit controls ...