OpenAI's new structure aims to potentially make a more investor-friendly corporation, while maintaining a mission of funding ...

Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction ...

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

The launch of the for-profit arm paved the way to the two multibillion-dollar funding rounds that OpenAI has closed since the ...

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

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