CEO Sam Altman published a letter announcing the plan on Monday.

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, ...

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...

The nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.

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

Elon Musk got what he wanted. OpenAI is dropping its plan to become a for-profit company and will remain under the control of ...

“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...

OpenAI Board Chairman Bret Taylor said during Monday’s press conference that the new structure would be simpler and allow ...

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

The updated plan comes amid criticism from former business partner Elon Musk and others that the company was deviating from ...