OpenAI is inching away from its non-profit model, a deal that would net CEO Sam Altman a hefty chunk of equity for the first ...

The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...

Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.

Artificial intelligence startup OpenAI is planning to pull control from its nonprofit board and go for-profit to attract more ...

Murati was chief technology officer. She had been named interim CEO last year when the board tried unsuccessfully to oust CEO ...

The company’s unusual structure, which gives full control of the for-profit subsidiary to the OpenAI nonprofit, was ...

From Ilya Sutskever to Mira Murati, OpenAI has seen top talent depart the company over the last 10 months.

Reuters reported that OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation, ...

In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...

OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to ...

The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned ...

According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a ...