OpenAI Embraces Public Benefit Corporation Model to Stay Competitive in AI Race For the purpose of raising funds and ...

Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...

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

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

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

The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...

Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate ...

OpenAI has proposed restructuring its for-profit wing as a PBC to attract investors while maintaining the non-profit; in line ...

OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...

ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...

OpenAI’s time as a unique nonprofit tech company guiding one of the more transformative and well-known iterations of ...