A significant restructuring plan has been dialled back by OpenAI with its nonprofit parent retaining control in a move that ...

OpenAI announced on Monday that it will continue to be controlled by a nonprofit. The U-turn follows the ChatGPT-maker facing ...

Boss Sam Altman said OpenAI would remain under the control of its for-profit board, while becoming what is known in the US as ...

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

OpenAI said Monday it will retain its nonprofit governance structure even as it restructures to raise new capital, scaling ...

Funny what a public scolding from AI luminaries and a word from state AGs can do OpenAI's contentious plan to overhaul its ...

The updated plan comes amid criticism from former business partner Elon Musk and others that the company was deviating from its original mission.

OpenAI will continue to be controlled by a nonprofit as it restructures into a commercial entity, the AI startup said on ...