OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...

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

OpenAI revealed that it will restructure into a new type of for-profit company, but still with a non-profit arm.

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

This holiday season, OpenAI 's employees and former staff could experience an extraordinary financial windfall. A private ...

Nvidia poised to capitalize on high demand for inference GPUs with superior technology, but competition is heating up. Click ...

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

This holiday season, OpenAI's employees and former staff could experience an extraordinary financial windfall. A private stock sale orchestrated by the San Francisco-based leading AI company will ...

OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.

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

A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the ...

OpenAI plans to create a for-profit corporation alongside its nonprofit arm to advance artificial general intelligence while ...