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

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

OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the ...

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

Market watchers have said an initial public offering from OpenAI seems unlikely in 2025 given that it’s been able to raise ...

OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...

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

The youth advocacy group Encode is supporting Musk's lawsuit seeking a preliminary injunction that would stop OpenAI from ...

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

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

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

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