After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as ...
OpenAI is restructuring into a public benefit corporation with Microsoft retaining a 27% stake in the new "OpenAI PBC," worth ...
Operating as a public benefit corporation will help OpenAI attract investors and compete with other tech giants.
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
Microsoft and OpenAI announced a new deal on Tuesday that rewrites the core of their partnership and clears the path for ...
OpenAI has reorganised its corporate structure, converting its for-profit subsidiary into a public benefit corporation (PBC).
OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation ...
OpenAI, the developer behind ChatGPT, has converted its organizational structure into a public benefit corporation, a shift ...
OpenAI CEO Sam Altman addressed Elon Musk's allegations regarding the transition of OpenAI to a public benefit corporation.
OpenAI announced it has completed a reorganisation that transforms the AI-research pioneer into a for-profit entity structured as a PBC.
The startup’s conversion clears an obstacle for a potential IPO and gives Microsoft a 27% stake in the new public-benefit ...
An analysis by The Register of the latest earnings report from its key partner Microsoft, released Wednesday, suggests that ...