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 ...

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

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 ...

OpenAI abandoned a controversial effort to place its juggernaut artificial-intelligence business under control of a for-profit entity and will instead remain under its founding nonprofit board.The ...

Power Moves, Quiet Reversals, and a Brewing Legal Showdown • Elon Musk’s legal and investor pressure halts OpenAI’s controversial pivot to for-profit status• OpenAI recommits to nonprofit governance ...

ChatGPT creator OpenAI announced on Monday that it would remain under the control of a nonprofit, a move that followed public ...

OpenAI CEO Sam Altman has been working on wriggling out from under the control of the company’s nonprofit board ever since ...

OpenAI’s nonprofit parent will retain control as its for-profit subsidiary becomes a public benefit corporation. While the ...

Boss Sam Altman said OpenAI would remain under the control of its for-profit board, while becoming what is known in the US as ...