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

CEO Sam Altman says ... for-profit. That will not change. The for-profit LLC under the nonprofit will transition to a Public Benefit Corporation (PBC) with the same mission. PBCs have become ...

The maker of ChatGPT said it made the decision to remain under the control of a nonprofit organization.

The company's announcement comes after other nonprofit leaders have raised concerns about OpenAI's decision to move its ...

OpenAI will transition to running under the oversight of a non-profit, and its profit side is to become a Public Benefit ...

Under its initial reform plan revealed last year, OpenAI would have become an outright for-profit public benefit corporation ...