The launch of the for-profit arm paved the way to the two multibillion-dollar funding rounds that OpenAI has closed since the ...

Under OpenAI’s current nonprofit structure, there is a cap on the returns that its backers can realize. Additionally, ...

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

AI game-changer OpenAI launched the GPT-4 LLM-powered 'Search' feature in October, which provides summarized search results ...

ChatGPT creator OpenAI plans to restructure into a for-profit organization, according to a blog post the company published on Thursday outlining the transition ...

OpenAI has other AI tools like Sora, which quickly creates videos from text prompts. Another, Whisper, transcribes and translates speech into text.

OpenAI whistleblower Suchir Balaji's death was ruled a suicide — but his family is calling on police to reopen their ...

The California-based organization said it plans to change its existing for-profit entity into a Delaware Public Benefit Corporation, or B-Corp, which is a similar structure to sustainability-focused ...

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

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

OpenAI, the renowned artificial intelligence research organization, has announced a significant restructuring plan to ...