OpenAI announces its plan to remain under a non-profit structure, while continuing with plans to modify its for-profit arm to enable more capital-raising. OpenAI, the artificial intelligence company ...

The cash-burning AI biz on Tuesday announced an agreement with Microsoft that will allow it to form a public benefit corporation and recapitalize, meaning it will be more attractive to investors. The ...

OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the structure of its for-profit arm to allow more capital-raising to keep pace ...

OpenAI has abandoned its controversial restructuring plan. In a dramatic reversal, the company said Monday it would no longer try to separate control of its for-profit arm from the non-profit board ...

(Reuters) -OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman's power over the pioneering maker of ...

Microsoft and OpenAI said on Thursday they have signed a non-binding deal for new relationship terms that would allow OpenAI to proceed to restructure itself into a for-profit company, marking a new ...