OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day ...

SoftBank Group (OTCPK:SFTBY) approved of the process OpenAI is taking in restructuring itself as a public benefit corporation ...

OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its ...

Under the revised proposal OpenAI announced Monday, it would still create a public-benefit company in which the nonprofit ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely ...

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

OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does ...

After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but ...

On Monday, ChatGPT-maker OpenAI announced it will remain under the control of its founding nonprofit board, scrapping its ...

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

As OpenAI moves ahead with a corporate restructuring to appease its investors as well as regulators, it needs to get ...

As many readers know, OpenAI is currently embroiled in a closely watched, high-profile lawsuit with Elon Musk. He charges the ...