OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...

OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its ...

OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...

OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...

The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) — a structure designed to consider the interests of society in ...

Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...

Founded in 2015 as a research-focused non-profit, OpenAI has rapidly evolved into one of the world's most valuable startups.