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

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...

OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former ...

OpenAI CEO Sam Altman has been working on wriggling out from under the control of the company’s nonprofit board ever since ...

OpenAI has decided that its nonprofit division will retain control over its for-profit org, after the company initially ...

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

OpenAI says one of the “key issues” with the launch stems from its testing process. Though the model’s offline evaluations ...

The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder ...

OpenAI has been working for months to no longer be controlled by a nonprofit. It’s now giving up.

“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of ...