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

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...

OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its ...

Market watchers have said an initial public offering from OpenAI seems unlikely in 2025 given that it’s been able to raise ...

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...

OpenAI is exploring a transition to a Delaware Public Benefit Corporation, seeking to boost investor interest while ...

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to ...

Founded in 2015 as a research-focused non-profit, OpenAI has rapidly evolved into one of the world's most valuable startups.

Transposing a Delaware Public Benefit Corporation will allow Microsoft (MSFT, Financials) supported OpenAI to reorganize its ...

The California-based organization said it plans to change its existing for-profit entity into a Delaware Public Benefit Corporation, or B-Corp, which is a similar structure to sustainability ...