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

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

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

The updated plan comes amid criticism from former business partner Elon Musk and others that the company was deviating from ...

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 ...