OpenAI is converting to a for-profit and settling an investigation by California’s attorney general. Experts and advocates ...
The company assured state officials that it would stay in California as it continues its global expansion, which could ...
CEO Sam Altman had a call with California Attorney General Rob Bonta about two weeks ago and noted that he wanted OpenAI to ...
The development concluded weeks of intensive negotiations between OpenAI CEO Sam Altman and state officials, successfully ...
The final move comes after intense scrutiny from the attorneys general of California and Delaware, where the company is headquartered and incorporated, respectively. OpenAI hired a formidable policy ...
The company behind ChatGPT is converting to a for-profit company and settling an investigation by California’s attorney ...
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...
OpenAI completed its restructure, with a nonprofit Foundation holding a $130B stake in the for-profit arm—just below ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
OpenAI is reportedly preparing for a potential IPO that could value the ChatGPT maker at up to $1 trillion as early as ...
Here are seven unusual financial agreements helping to drive the ambitions of the poster child of the A.I. revolution.