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The move backs away from OpenAI's previous plans, which would have given a newly created public benefit corporation power ...

Mr Altman and the chair of OpenAI’s nonprofit board, Bret Taylor, said the board made the decision for the nonprofit to retain control of OpenAI. The nonprofit already has a for-profit arm ...

OpenAI announced controversial plans to hand over control to its for-profit arm instead of the more restrictive non-profit ...

OpenAI’s much‑debated plan to spin out its for‑profit arm has hit the brakes. On May 5, CEO Sam Altman and Board ...

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

OpenAI CEO Sam Altman’s surprise decision to hand over much of his company’s business to Instacart CEO Fidji Simo sets up a ...

OpenAI will continue to be controlled by a nonprofit as it restructures into a commercial entity, the AI startup said on ...

OpenAI chairman Bret Taylor said the start-up made the decision "after hearing from civic leaders and engaging in constructive dialogue with the offices of the Attorney General of Delaware and the ...