OpenAI’s nonprofit board will maintain governance over the company, with the same directors likely serving on both the ...

The Hon’ble Supreme Court of India, on January 29, 2025, delivered a landmark judgment with a 2:1 majority, on the ...

OpenAI is changing its corporate structure in a major shift aimed at supporting its long-term mission to develop artificial ...

Founded as a nonprofit, OpenAI has operated with a unique governance model since its inception. In 2019, it introduced a ...

The nonprofit, which has always maintained a controlling stake in OpenAI through an unconventional hybrid structure, will now ...

OpenAI plans to acquire AI coding tool Windsurf for approximately $3 billion, potentially becoming its largest acquisition.

After previous moves to turn OpenAI into a for-profit enterprise, Altman revealed today an "updated plan for evolving [the ...

In a letter Monday announcing OpenAI's plans to stay under control of a nonprofit organization, Chief Executive Sam Altman said the company "currently cannot supply nearly as much AI as the world ...

Facing a lawsuit from Elon Musk, regulatory probes, and pushback from civic leaders, OpenAI says the nonprofit will remain in ...

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation ...

ChatGPT maker OpenAI has apparently scrapped its plan to transition into a for-profit business. The San Francisco-based company, which is one of the leading names in ...

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...