OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...

The ousting and return of OpenAI CEO Sam Altman in 2023 thrust the company's nonprofit board governance structure into the spotlight.Jason Redmond/AFP/Getty Images OpenAI shared new details about ...

OpenAI was founded in 2015 as a nonprofit organization with the ideal goal of building safe and beneficial AI for humanity.

OpenAI plans to transition from a non-profit to a for-profit company to address governance challenges and attract investment.

Geoffrey Hinton is known for his work developing artificial neural networks, the foundation for AI, and won the 2024 Nobel ...

OpenAI has proposed restructuring its for-profit wing as a PBC to attract investors while maintaining the non-profit; in line ...

A nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition, citing concerns over safety and public ...

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

OpenAI has detailed its plans for a new corporate structure that would separate ... thrusting its nonprofit governance into the spotlight. While Altman was ousted for a few days, he returned ...

OpenAI frames the transition as essential to aligning its structure with the dual goals of advancing ... The AGI clause, a ...