OpenAI backtracks on its plans to turn into a for-profit organisation. Elon Musk, however, says he will still go ahead with ...

OpenAI has dropped a plan to turn itself into a fully for-profit company. But the about-face raises a lot more questions.

OpenAI has reversed course on a major restructuring plan, announcing that its nonprofit parent will retain control over the ...

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

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

OpenAI will remain under the control of the group’s non-profit arm, with the ChatGPT maker reversing course after intense criticism from Elon Musk over plans to convert into a for-profit company. The ...

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

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday ...

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

Elon Musk's lawsuit against OpenAI, alleging a breach of public charity promise, has been partially upheld by US District ...

A US judge has limited the scope of Elon Musk's lawsuit against OpenAI. The lawsuit alleges that OpenAI abandoned its ...

In an official OpenAI blog post announcing the latest restructuring decision, CEO Sam Altman wrote: "We made the decision for ...