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

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

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

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

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

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

OpenAI has called off a controversial effort to change which entity controls its juggernaut artificial intelligence business.

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

OpenAI has bowed to pressure from civic leaders and ex-employees, announcing in a blog post on Monday that its nonprofit ...

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...

Elon Musk got what he wanted. OpenAI is dropping its plan to become a for-profit company and will remain under the control of ...