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Mira Murati’s exit sets the stage for OpenAI’s reinvention as a profit-first corporation

The company has been radically transformed in the 10 months since CEO Sam Altman was temporarily removed in a boardroom coup.

Fast Company · 16h

OpenAI announces its shift to a for-profit corporation

ChatGPT-maker OpenAI will restructure into a for-profit benefit corporation that will no longer be controlled by its non-profit board.

Newsweek on MSN · 9h

OpenAI Bids To Shift to For-Profit Company

OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.

The Wall Street Journal on MSN · 1d

OpenAI to Become For-Profit Company

OpenAI is planning to convert from a nonprofit organization to a for-profit company at the same time it is undergoing major personnel shifts including the abrupt resignation Wednesday of its chief technology officer,

Seattle Times · 1d

OpenAI Executives Exit as CEO Works to Make the Company For-Profit

Mira Murati, the chief technology officer at OpenAI, the influential artificial intelligence startup, said Wednesday that she would leave the company after working there for more than six years. In a memo she sent to employees

CION Investment Corporation Announces Pricing of Public Offering of Unsecured Notes Due 2029

CION Investment Corporation (NYSE: CION) (the "Company" or "CION") announced today that it has priced an underwritten public ...

6 Arizona Corporation Commission hopefuls debate energy policies, electricity bills

Electricity bills, emissions and energy resources will come into play at a debate involving candidates for the Arizona ...

1hon MSN

Corporation staff made to work at houses of IAS officers: Ramadoss seeks action

VILLUPURAM/CHENNAI: PMK founder S Ramadoss on Thursday urged TN government to act against IAS officers for making Chennai ...

Teekay Corporation: Combination With Teekay Tankers Might Be In The Cards Now (Rating Downgrade)

Read here for an analysis of the potential merger between Teekay Corp and Teekay Tankers, and the impact on stock performance ...

Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2024 Operating Results

ISSAQUAH, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the ...

JD Supra2d

Questions of Fact Exist as to Plaintiff’s Standing to Commence Action Where Form of Company Changed From Corporation to LLC

This BLOG has frequently addressed issues related to a party’s standing, in many different contexts, to commence litigation.

RTX Corporation: Soaring High With Aerospace And Defense Growth

RTX Corporation benefits from leadership in defense systems like the Patriot Missile system. Learn more about RTX stock and ...

21h

Constellation Energy Corporation: Hold Rating Justified by High Valuation Despite Strong Growth Prospects

Analyst Elizabelle Pang of DBS maintained a Hold rating on Constellation Energy Corporation (CEG – Research Report), boosting the price ...

ALERUS FINANCIAL CORPORATION AND HMN FINANCIAL, INC. RECEIVE STOCKHOLDER AND REGULATORY APPROVAL TO PROCEED WITH MERGER

Alerus Financial Corporation (Nasdaq: ALRS) and its wholly owned subsidiary, Alerus Financial, National Association, (together, “Alerus”) announced today they have received all regulatory approvals ...

Insider Monkey on MSN20h

Bank of America Corporation (BAC): A Good Holding Company Stock to Buy Now

To come up with the 10 best holding company stocks to buy now, we examined multiple rankings on the internet and our rankings ...

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