The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...

The software giant is giving longtime backer Microsoft a 27% ownership stake worth about $135 billion as part of the ...

OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit ...

OpenAI is converting to a for-profit and settling an investigation by California’s attorney general. Experts and advocates ...

OpenAI on Tuesday completed a yearlong restructuring that will allow it to one day go public, when it could raise tens of ...

OpenAI completed its restructure, with a nonprofit Foundation holding a $130B stake in the for-profit arm—just below Microsoft's $135B.

OpenAI has completed its long, drawn-out reorganization into a public benefit corporation, the company announced today in a ...

OpenAI’s “will they, won’t they” flirtation with becoming a for-profit corporation is over. On Tuesday, the company announced ...

Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...

OpenAI has completed a restructuring of the company, converting its for-profit arm into a public benefit corporation and giving its nonprofit a controlling stake, the ChatGPT maker announced ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...