Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...

Artificial intelligence pioneer OpenAI laid out more details on plans to adopt a for-profit business structure in 2025.

Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate ...

OpenAI is contemplating a shift in the company's structure to form a conventional profit-making corporation alongside a nonprofit division. The board is currently reviewing a plan to transform ...

OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would ...

OpenAI considers restructuring into a for-profit firm, with Microsoft central to equity and operational discussions.

A dual showdown—Elon Musk versus OpenAI and Musk versus Sen. Elizabeth Warren (D-Mass.)—highlights crucial questions about ...

AI reported that it had successfully raised US$6 billion (~RM26.88 billion) in funding during a recent Series C funding ...

OpenAI Chairman Bret Taylor speaks to Axios' Ina Fried at the recent Axios AI+ Summit in San Francisco. Photo: Chris ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...