A West Coast biotech entrepreneur says he’s secured $30 million to form a public-benefit company to study how to safely create genetically edited babies, marking the largest known investment into the ...

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

Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), the world’s first plastic-neutral retailer and a leading sustainable consumer products company, certified B Corporation, and ...

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

OpenAI is preparing for an IPO with a potential $1 trillion valuation after restructuring as a public benefit corporation.

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

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...

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

The nonprofit will now be known as the OpenAI Foundation, holding an equity stake in the for-profit arm valued at about $130 ...

OpenAI has completed its long-awaited corporate restructuring, officially becoming a public benefit corporation (PBC) under ...

OpenAI has finalized plans to restructure as a public benefit corporation (PBC), a special form of stock company under U.S.