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

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

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

However, by 2019, it became clear that developing large-scale language models required substantial investments, prompting the ...

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

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

Amid growing competition and skyrocketing compute requirements necessary to support the next generation of AI models, OpenAI ...

OpenAI on Friday laid out a plan to revamp its corporate structure next year, saying it would create a public benefit ...

Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...

At issue were the implications such a move might have on whether OpenAI would allocate its assets to the nonprofit arm fairly ...

OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...