After months of pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and ...

ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure. The move ...

OpenAI announced Monday it has updated its restructuring plan to keep its for-profit arm under the control of its nonprofit parent organization, amid escalating scrutiny and a legal challenge by ...

OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the structure of its for-profit arm to allow more capital-raising to keep ...

OpenAI currently has an agreement to share 20% of its top line with Microsoft, but the AI company has told investors it expects to share 10% of revenue with its business partners, including ...

Sam Altman and OpenAI did something unusual on Monday: They backed down. The plan to spin out OpenAI, the $300 billion maker of ChatGPT, into an independent, for-profit company was scrapped.

OpenAI, the organization known for shepherding in the artificial intelligence boom, has recently announced a significant decision to maintain its nonprofit governance structure. This move comes ...

When Sam Altman co-founded OpenAI in 2015, the AI industry was niche. Here’s how he built the company into an $86 billion giant, off the back of Chat-GPT and splashy new products like Sora and ...

OpenAI, the parent of artificial intelligence service ChatGPT, has announced a new governance plan after a bitter power struggle over the business. Boss Sam Altman said OpenAI would remain under ...