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

OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...

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

OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...

OpenAI has confirmed its plans to restructure as a for-profit entity, officially announcing a transition that has been the ...

Market watchers have said an initial public offering from OpenAI seems unlikely in 2025 given that it’s been able to raise ...

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 is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

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

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...