ChatGPT creator OpenAI announced on Monday that it would remain under the control of a nonprofit, a move that followed public ...

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its ...

OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former ...

OpenAI made the decision for the nonprofit to stay in control after hearing from civic leaders and having discussions with ...

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, ...

OpenAI’s nonprofit parent will retain control as its for-profit subsidiary becomes a public benefit corporation. While the ...

OpenAI launched in 2015 as a nonprofit artificial intelligence research lab. Four years later, it created a for-profit arm to ...

CEO Sam Altman published a letter announcing the plan on Monday.

It was structured in such a way that the for-profit subsidiary, technically owned by a holding company owned by OpenAI employees and investors, remained under the control of the nonprofit and its ...

OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...

OpenAI will continue to be controlled by a nonprofit as it restructures into a commercial entity, the AI startup said on ...

OpenAI, the organisation behind the GenAI chatbot ChatGPT, announced late on Monday it will retain its nonprofit status, ...