OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company to a for-profit organization and following outside pressure to stay ...

OpenAI's non-profit arm will continue to maintain control of the artificial intelligence developer, coming off of a restructuring as concerns were voiced on its for-profit pivot.

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 ...

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OpenAI has officially dropped efforts to change the company to a for-profit business, but at the same time has reduced limits on its for-profit subsidiary. When the company launched in late 2015, it ...

The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, the sources said. The move could also have implications for how the company manages AI risks in a ...

Sam Altman has told OpenAI staff members during their weekly meeting that the company is changing its rather convoluted non-profit corporate structure next year, according to Fortune. The CEO said ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman's power over the pioneering maker of ChatGPT.

OpenAI's latest funding round is expected to reach $40B, propelling the company to a towering $300B valuation. However, leading investor SoftBank (OTCPK:SFTBY) has required the non-profit ...

OpenAI is far from its days of being an altruistic, non-profit company. It is now the face of a booming AI industry and is effectively for-profit in all but name, steaming ahead with little regard ...

The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, the sources said.