OpenAI has backtracked on plans to turn into a for-profit company after outcry from politicians, civic leaders, and Elon Musk ...

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

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, but that ...

OpenAI has decided that the future of ChatGPT development towards AGI needs A Public Benefit Corporation under nonprofit ...

OpenAI said it will stay under nonprofit control, reversing its for-profit shift after criticism from ex-staff, academics and ...

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

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

OpenAI made the decision for the nonprofit to stay in control after hearing from civic leaders and having discussions with ...

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

After "hearing from civic leaders" and attorney generals, the plans have been scrapped, according to Bret Taylor, chairman of OpenAI's board. The move is likely to limit the power of chief ...

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

OpenAI will reverse course on its plans to convert into a for-profit business, announcing on Monday its nonprofit will ...