OpenAI has arranged a private stock sale for its staff with SoftBank Group that allows current and former employees to sell ...

The former entirely-nonprofit-company known as OpenAI says it needs a boatload of more cash as it plans to transform its ...

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

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...

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 ...

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 revamp its corporate structure next year, saying it would create a public benefit ...

OpenAI’s board of directors has promised investors that it will restructure the organization within the next two years.

OpenAI said it needs “more capital than we ... and it will hire a separate staff for its nonprofit branch that will “pursue charitable initiatives” in healthcare, education and science.