OpenAI is one step closer to changing its governance structure from nonprofit to for-profit. The AI startup is in preliminary ...

Some of the most powerful and influential companies remain in the hands of the executives who founded them and who are almost ...

With the transformation, OpenAI will notably depart from its founding principles from 2015 as a non-profit research lab. The ...

A shift to being a for-profit company would mark a drastic reversal in governance structure for the AI pioneer, which was ...

While a shift to a for-profit model could make OpenAI’s operations more streamlined and appealing to investors, it also ...

OpenAI and a representative for the California Attorney General did not immediately respond to Reuters' requests for comment.

OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in early discussions with regulators in California ...

What are OpenAI CEO Sam Altman’s motivations in restructuring his tech firm into a public benefit corporation? Amendments to ...

A for-profit structure would be much more conventional for the investors OpenAI is courting. OpenAI is one step closer to changing its governance structure from nonprofit to for-profit.