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's challenges in 2024 will shape the future of AI, setting precedence for AI regulation, AI governance and usage of ...
OpenAI has reportedly finalized plans to pay billions to its nonprofit board as it transitions to a for-profit model, ...
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 ...
In a recent interview, Sam Altman describes Elon Musk as a bully, which highlighted their troubled relationship.
OpenAI CEO Sam Altman believes that Elon Musk's hostility stems from the company's success and his lack of control over the company.
While the for-profit has the power to issue equity to raise capital, it still falls under the governance ... structure does ...