Acknowledging the rampant use of ChatGPT models for various purposes, Sam Altman highlighted that the system has its ...

A simplified for-profit structure is considered more attractive to investors, but on a call with reporters Monday, OpenAI ...

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a ...

In a significant turn of events, artificial intelligence (AI) major OpenAI announced on May 05 that the company will maintain ...

ChatGPT inventor OpenAI has reversed course on plans to transform into a for-profit company, announcing on Monday that it ...

OpenAI and its CEO Sam Altman have announced that they are ditching their controversial plan of switching its basis of ...

OpenAI is changing its corporate structure in a major shift aimed at supporting its long-term mission to develop artificial ...

OpenAI backtracks on its plans to turn into a for-profit organisation. Elon Musk, however, says he will still go ahead with suing the company.

OpenAI, the pioneering artificial intelligence company behind ChatGPT, announced on Monday a proposal to continue operating ...

“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...

OpenAI has reversed course on a major restructuring plan, announcing that its nonprofit parent will retain control over the ...

On May 5, 2025, the company announced it would remain under nonprofit control, abandoning plans to transition to a for-profit corporation. This decision marks a significant victory for influential ...