CEO Sam Altman published a letter announcing the plan on Monday.

By Professor Ernest Ofori ASAMOAH The concept of social enterprise is reshaping the way businesses operate, blending ...

Empath Health, one of the nation’s largest 501(c)(3) integrated care networks, today unveiled its One Hospice Model—a ...

OpenAI will continue to operate as a non-profit organization, and its for-profit LLC will be converted into a Public Benefit ...

Maura Sheffler, Executive Director of TACA says the dramatic reduction in federal funding for arts organizations is ...

Mastercard beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network ...

In December, OpenAI proposed converting its for-profit arm into a public benefit corporation (PBC), aiming to attract more ...

Cipla , India's third-biggest drugmaker by sales, reported a fourth-quarter profit that beat estimates on Tuesday, helped by ...

15—It's not ... by nonprofit. —Online focus, in-print twice a week. The Salt Lake Tribune became the first major metro news organization in the country to transition to a nonprofit model ...

discussing the outside pressure for the company to stay not-for-profit. "Going forward, it will continue to be overseen and controlled by that nonprofit," he added. OpenAI's business side since ...

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit ... and complex AI models. The company's original vision did not contemplate "the ...