OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

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

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 ...

The clause ensures that Microsoft retains rights to use OpenAI’s models and infrastructure until AGI is reached, creating a ...

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a ...

The news isn’t entirely good for tech. There was backlash in 2024 that includes layoffs at many tech companies (along with ...

Meta is the world’s standard bearer for open-weight AI. In a fascinating case study in corporate strategy, while rivals like ...

Hedge fund billionaire Philippe Laffont reduced his position in Tesla through the first three quarters of 2024, while ...

Nevertheless, there remain two glaring exceptions to that rule: the EU and China. Apple Intelligence has yet to fully launch ...

Supreme Court tackles TikTok ban, Meta & Musk challenge OpenAI shift, Backflip’s 3D AI emerges, Samsung/Google Adding AI to ...