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

OpenAI is in preliminary talks with the California attorney general's office about the process to become a for-profit company ...

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

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

Microsoft’s desire for greater influence in OpenAI’s governance structure reflects its strategic interest in safeguarding its substantial investment. The brief ouster of Altman by OpenAI’s ...

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

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

Nov 2024 - OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in early discussions with regulators in California and Delaware to transition from a nonprofit to a for-profit ...

Sam Altman-led OpenAI is in early talks with the California attorney general’s office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, ...

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.

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