CEO Sam Altman published a letter announcing the plan on Monday.

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the ...

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, ...

OpenAI is changing its structure. It will now operate as a Public Benefit Corporation. This shift aims to develop artificial ...

OpenAI, the parent company of ChatGPT, has ditched its push to become a for-profit company after heavy criticism from Elon ...

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...

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

The latest plot twist in OpenAI's epic corporate drama leaves Sam Altman only part way toward his goal, announced last year, ...

OpenAI reverses governance shift, keeping its nonprofit parent in control. The decision comes amid Elon Musk’s lawsuit accusing the company of betraying its original mission., Technology & Science New ...

OpenAI CEO Sam Altman, in an open letter to employees, said the firm's non-profit parent will retain full voting control, and ...

The development comes hours after the AI startup, co-founded by Musk, dialled back its earlier plan to remove control by its non-profit arm.

Elon Musk got what he wanted. OpenAI is dropping its plan to become a for-profit company and will remain under the control of ...