With OpenAI transitioning into a for-profit business, a new report claims that the company's partnership with Microsoft is ...
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...
OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...
As Fortune reported in September, Altman told his staff at the time that OpenAI would next year become a more traditional for ...
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
including artificial general intelligence (AGI)—AI that could potentially surpass human intelligence. The new structure will ...
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
OpenAI has proposed restructuring its for-profit wing as a PBC to attract investors while maintaining the non-profit; in line ...
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...
The restructuring isn’t without opposition. Last month, Elon Musk filed a motion to block OpenAI’s shift to for-profit status ...
Social media influencers have kicked off a fierce debate over OpenAI's new o3 reasoning model, with some of them raising ...
Transposing a Delaware Public Benefit Corporation will allow Microsoft ( MSFT, Financials) supported OpenAI to reorganize its ...