In 2019, the organization transitioned to a "capped" for-profit model, creating OpenAI LP, a limited partnership designed to attract capital while adhering to its mission. This structure allowed ...

If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs. OpenAI has been trying to switch from a nonprofit business model to a for-profit ...

OpenAI will reverse course on its plans to convert into a for-profit business, announcing on Monday its nonprofit will ...