OpenAI would not be the first tech company to adopt the PBC structure. For instance, Anthropic, another San Francisco-based AI company, employs that motif. Meanwhile, non-tech companies like ...

OpenAI CEO Sam Altman is a billionaire, thanks to his investments in technology companies like Reddit, Stripe, Airbnb, and more. Here's how Altman made his money.

OpenAI chief Sam Altman on Friday said his high-profile artificial intelligence company is "on the wrong side of history" ...

OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions ...

Operator, a new computer-using tool from OpenAI, is brittle and occasionally erratic, but it points to a future of powerful A.I. agents.

OpenAI posted screenshots showing that Elon Musk, one of its co-founders, pushed for the company to have a for-profit structure as far back as 2017. The AI startup posted the screenshots in ...

ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a for-profit structure.

OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee commercial operations, removing some of its nonprofit ...

SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as ...

The AI company released its version of a timeline of events amid a brewing legal feud with Musk. In a 2015 email, Musk said OpenAI's nonprofit structure didn't seem "optimal." OpenAI responded to ...