Reuters reported that OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation, ...
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...
Enterprise partners and investors may reevaluate their relationship with the company as its priorities shift under the new ...
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a ...
OpenAI, originally founded as a non-profit to develop AI for societal benefit, is controversially shifting towards a ...
OpenAI's CFO Sarah Friar reportedly informed employees that investor interest in the company's funding round was "incredibly ...
OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.
OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a ...
OpenAI aims to simplify its structure and boost investor returns by transitioning to a for-profit model next year. In a recent company-wide meeting, CEO Sam Altman announced that OpenAI’s ...
It's been a gradual but perhaps inevitable shift. OpenAI announced in 2019 that it was adding a for-profit arm — to help fund its nonprofit mission — but that true to its original spirit ...