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

With OpenAI transitioning into a for-profit business, a new report claims that the company's partnership with Microsoft is ...

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

As Fortune reported in September, Altman told his staff at the time that OpenAI would next year become a more traditional for ...

Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...

including artificial general intelligence (AGI)—AI that could potentially surpass human intelligence. The new structure will ...

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

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

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

The restructuring isn’t without opposition. Last month, Elon Musk filed a motion to block OpenAI’s shift to for-profit status ...

Transposing a Delaware Public Benefit Corporation will allow Microsoft ( MSFT, Financials) supported OpenAI to reorganize its ...

Founded in 2015 as a research-focused non-profit, OpenAI has rapidly evolved into one of the world's most valuable startups.