OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control ...

OpenAI has detailed its plans for a new corporate structure that would separate its business from being controlled by its nonprofit board. In a blog post shared by the company on social media on ...

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization would receive shares in the new company. By Cade Metz Cade Metz has ...

OpenAI has finally shared details about its plans to shake up its core business by shifting to a for-profit corporate structure. On Thursday, OpenAI posted on its blog, confirming that in 2025 ...

OpenAI says its corporate structure must evolve to advance its mission of ensuring artificial general intelligence (AGI) — AI that can complete most tasks humans can — benefits all humanity.

JASON REDMOND / Contributor / Getty Images Artificial intelligence startup OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a for-profit ...

OpenAI CEO Sam Altman has said that his company was made “unusual” on purpose. Now, that unusualness is getting in the way of raising more money from investors. In a Friday blog post, the ...

In a blog post Friday, OpenAI laid out its early plans for changing its corporate structure to allow for more capital raising and growth. OpenAI said its existing for-profit division will become a ...