OpenAI’s much‑debated plan to spin out its for‑profit arm has hit the brakes. On May 5, CEO Sam Altman and Board ...

OpenAI has backtracked on plans to turn into a for-profit company after outcry from politicians, civic leaders, and Elon Musk ...

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

OpenAI has reversed its course around the for-profit transition and now says the company will continue to operate under the ...

The rebalancing of revenue shares comes at a time when OpenAI is actively restructuring its organizational structure and ...

OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...

The AI lab founded to serve humanity is restructuring to let investors and employees profit without limits—deepening fears ...

OpenAI said it will stay under nonprofit control, reversing its for-profit shift after criticism from ex-staff, academics and ...

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

OpenAI originally launched as a nonprofit in 2015, then adopted a “capped-profit” model in 2019 to attract private capital.

OpenAI has decided that the future of ChatGPT development towards AGI needs A Public Benefit Corporation under nonprofit ...