The decision comes after OpenAI CEO Sam Altman tried to shift the company’s structure to a full for-profit model in order to ...

OpenAI has reversed its course around the for-profit transition and now says the company will continue to operate under the ...

In a significant turn of events, artificial intelligence (AI) major OpenAI announced on May 05 that the company will maintain ...

Sam Altman-run OpenAI will continue to be overseen and controlled by the nonprofit and its 'for profit LLC' will transition ...

OpenAI and its CEO Sam Altman have announced that they are ditching their controversial plan of switching its basis of ...

OpenAI is changing its corporate structure in a major shift aimed at supporting its long-term mission to develop artificial ...

OpenAI, led by Sam Altman, has decided to retain nonprofit control over its for-profit operations, scaling back its ...

The move follows legal pressure, and a high-profile lawsuit from co-founder Elon Musk, who has long accused the company of ...

OpenAI has reversed course on a major restructuring plan, announcing that its nonprofit parent will retain control over the ...

OpenAI has dropped a plan to turn itself into a fully for-profit company. But the about-face raises a lot more questions.

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday ...