As part of the transition, OpenAI will become a Public Benefit Corporation (PBC), a for-profit company designed to serve ...

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

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

Encode, the nonprofit org that co-sponsored California's ill-fated SB 1047 AI safety legislation, has requested permission to ...

The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

The launch of the for-profit arm paved the way to the two multibillion-dollar funding rounds that OpenAI has closed since the ...

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

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...