OpenAI’s nonprofit board will maintain governance over the company, with the same directors likely serving on both the ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely ...

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

OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the ...

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

OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former ...

Sam Altman, the CEO of OpenAI, has confirmed that OpenAI continues to be overseen and controlled by its nonprofit ...