After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as ...

The startup’s conversion clears an obstacle for a potential IPO and gives Microsoft a 27% stake in the new public-benefit ...

OpenAI is restructuring into a public benefit corporation with Microsoft retaining a 27% stake in the new "OpenAI PBC," worth ...

The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation ...

After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as a more traditional, for-profit company – a key step in its bid to secure ...

Microsoft and OpenAI announced a new deal on Tuesday that rewrites the core of their partnership and clears the path for ...

Days after announcing its conversion into a for-profit corporation, OpenAI is reportedly preparing for a mammoth initial ...

OpenAI, the developer behind ChatGPT, has converted its organizational structure into a public benefit corporation, a shift ...

OpenAI announced it has completed a reorganisation that transforms the AI-research pioneer into a for-profit entity structured as a PBC.

OpenAI has reorganised its corporate structure, converting its for-profit subsidiary into a public benefit corporation (PBC).

The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values firm at $500bn.