Microsoft, which has invested $13.75 billion in the startup, remains the biggest holdout among investors as the ChatGPT maker ...

Microsoft isn't the only party that OpenAI needs buy-in from. The state attorneys general of California and Delaware are ...

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

OpenAI has announced a major change to its corporate structure, opting to maintain oversight by its nonprofit parent while ...

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

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a ...

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

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its commercial business into its own for-profit company.

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

OpenAI plans to retain its nonprofit status while spinning off its for-profit arm into a Public Benefit Corporation, despite ...

OpenAI announced it will remain under the control of its nonprofit parent while restructuring its for-profit arm to raise ...