CEO Sam Altman says “we want to build a brain for the world and make it super easy for people to use for whatever they want.” ...

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation ...

OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam ... benefit corporation “that has to consider the interests of both shareholders and the mission.” Altman ...

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 ...

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

OpenAI CEO Sam Altman ... have become an outright for-profit public benefit corporation (PBC), reassuring investors considering the tens of billions of dollars necessary to fulfill the company's ...

The startup recently raised $40 billion, bringing its valuation to $300 billion, but part of that funding could ... corporation would "run and control OpenAI's operations and business." On Monday, ...

OpenAI abandons plan to become for-profit company 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 ...