While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board of ...

OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...

Reuters reported that OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation, ...

ChatGPT-maker OpenAI will restructure into a for-profit benefit corporation that will no longer be controlled by its ...

OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a ...

OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.

It turns out that OpenAI's status as a nonprofit might've been the most artificial thing about it. Why it matters: A ...

OpenAI aims to simplify its structure and boost investor returns by transitioning to a for-profit model next year. In a recent company-wide meeting, CEO Sam Altman announced that OpenAI’s ...

It's been a gradual but perhaps inevitable shift. OpenAI announced in 2019 that it was adding a for-profit arm — to help fund its nonprofit mission — but that true to its original spirit ...