OpenAI is converting to a for-profit and settling an investigation by California’s attorney general. Experts and advocates ...

CEO Sam Altman had a call with California Attorney General Rob Bonta about two weeks ago and noted that he wanted OpenAI to ...

The company assured state officials that it would stay in California as it continues its global expansion, which could ...

The development concluded weeks of intensive negotiations between OpenAI CEO Sam Altman and state officials, successfully ...

The company behind ChatGPT is converting to a for-profit company and settling an investigation by California’s attorney ...

OpenAI has gained approval from California and Delaware regulators to become a public benefit corporation. The new structure ...

OpenAI has transitioned from a non-profit to a for-profit corporation, marking a significant shift from its founding mission ...

The software giant is giving longtime backer Microsoft a 27% ownership stake worth about $135 billion as part of the ...

The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...

OpenAI completed its restructure, with a nonprofit Foundation holding a $130B stake in the for-profit arm—just below ...

OpenAI is reportedly preparing for a potential IPO that could value the ChatGPT maker at up to $1 trillion as early as ...

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.