OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam Altman revealed on Monday – a surprise move that came after the artificial-intelligence juggernaut faced fierce ...

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation that will be overseen by its nonprofit.

Fortune reported in September that CEO Sam Altman told staff a for-profit structure would come in 2025.

OpenAI CEO Sam Altman believes the future of computing won’t run on the devices we use today. A bold prediction, but it makes ...

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the process, delivered a new technology with potentially world-changing ...

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.

The nonprofit status of OpenAI is one of the biggest controversies in Silicon Valley. On Monday, May 5, CEO Sam Altman said the company structure is "evolving." ...

OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam Altman revealed on Monday – a surprise move that came after the artificial-intelligence juggernaut faced fierce ...

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit.