OpenAI CEO Sam Altman has been working on wriggling out from under the control of the company’s nonprofit board ever since ...

After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major ...

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday ...

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the process, delivered a new technology with potentially world-changing ...

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its commercial business into its own for-profit company.

OpenAI will reverse course on its plans to convert into a for-profit business, announcing on Monday its nonprofit will continue to have control of the artificial intelligence firm. In a Monday ...

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...