OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a ...

OpenAI lifts its profit cap and restructures as a public benefit company, but Microsoft approval remains uncertain.

OpenAI abandoned a controversial effort to place its juggernaut artificial-intelligence business under control of a for-profit entity and will instead remain under its founding nonprofit board.The ...

The nonprofit board will retain control, but the new restructuring plan may not be well received by investors.

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

Under the new structure, the nonprofit OpenAI Inc. will retain full control over the for-profit PBC, and become one of its ...