We may receive a commission on purchases made from links. Sam Altman has told OpenAI staff members during their weekly meeting that the company is changing its rather convoluted non-profit corporate ...

OpenAI’s “will they, won’t they” flirtation with becoming a for-profit corporation is over. On Tuesday, the company announced that it has completed its recapitalization process, turning its AI lab ...

OpenAI is changing its corporate structure again to raise more funds and better support its mission. It plans to transform into a Public Benefit Corporation (PBC) while retaining its non-profit arm.

OpenAI says its nonprofit will remain in control. The company is in the process of transforming its structure as it looks to better position itself to raise more money to train its AI. Its latest plan ...

Sam Altman told OpenAI's staff in a recent company-wide meeting that the startup's complex non-profit corporate structure is set to change — likely sometime next year. While Altman did not get into ...

NEW YORK — The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax ...

OpenAI is working on a corporate restructuring plan that would pull control from the ChatGPT creator's nonprofit board and transform the organization into primarily a for-profit entity, according to a ...

Miami-based 501(c)(3) brings affordable veterinary telehealth to FL, NY, and VA pet owners at $64.99 per visit, marking ...

OpenAI announced Tuesday morning that it had completed a tumultuous corporate restructuring effort, simplifying a complex ownership web into a controlling nonprofit entity and a reimagined for-profit ...