These two men are of different generations (Gates is 69, Altman 39), and their companies presided over different revolutions.

OpenAI is officially done pretending it can run like a charity. On Friday, the company announced it has finalized plans to ...

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

Altman's admissions come roughly a month after OpenAI revealed plans to charge customers $200 a month — ten times the cost of ...

OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a for-profit corporation.

Microsoft (NASDAQ:MSFT)-backed OpenAI revealed plans to change company structure that would create a money-making corporation along with a nonprofit arm. The AI startup said its board is ...

It failed, but the incident spooked OpenAI’s investors, including Microsoft. In the months since, Altman and his colleagues have been working toward a new structure. With the change in structure ...

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...

OpenAI redefines AGI with a $100 billion profitability goal, signaling ashift from technical milestones to economic impact.

OpenAI has detailed its plans for a new corporate structure that would separate its business from being controlled by its nonprofit board. In a blog post shared by the company on social media on ...

The ousting and return of OpenAI CEO Sam Altman in 2023 thrust the company's nonprofit board governance structure into the spotlight.Jason Redmond/AFP/Getty Images OpenAI shared new details about ...