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

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

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

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.

When it was founded in 2015, artificial intelligence research lab OpenAI was a nonprofit organization. The idealistic mission ...

OpenAI took the tech world by surprise — again — when it announced last week that it was changing its governance structure and going all-in on profit for social good. Since its launch in 2015 ...

OpenAI is in discussion with the state of California’s attorney general to alter their non-profit structure to profit-making.

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, ...

The restructuring of OpenAI, known for its creation of ChatGPT, is poised to remove control from the non-profit board, shifting power to a for-profit entity. Investors have been eager for this ...

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