News

Elon Musk is suing OpenAI in a bid to prevent its conversion to a for-profit corporation. OpenAI has filed a counterclaim to ...
California legislation that would have blocked OpenAI Inc. from converting to a for-profit entity was quietly gutted by the ...
Although positive operating cash flow doesn’t necessarily translate into net profit, the pathway will reassure SoftBank boss Masayoshi Son. Yet, OpenAI looks some way off generating the revenue ...
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec. 31, CNBC has confirmed. The full size of ...
As it prepares to transition from a nonprofit corporation to a for-profit, OpenAI says it’s convening a group of experts to “help OpenAI’s philanthropy understand the most urgent and ...
The next funding round for OpenAI, the generative artificial intelligence startup backed by Microsoft (NASDAQ:MSFT), could be cut by as much as $10B if its conversion into a for-profit entity is ...
The original group, known as OpenAI Nonprofit, still runs the show, setting targets and strategy with a 10-member board of directors as of March 2025. CEO Sam Altman holds one seat, while the ...
OpenAI is under the gun to transform from a nonprofit to a for-profit by the end of the year. The author of a state bill that would have barred that move quietly withdrew it last week. Last week ...
For enterprise customers, OpenAI’s move could significantly reshape AI implementation strategies ... Founded in 2015 as a non-profit with a mission to ensure artificial general intelligence ...
Having a firm trial date could impact decisions made by OpenAI’s board on choosing a strategy to shift to a for-profit business model. It’s also possible that the trial will begin after OpenAI ...
OpenAI, founded in 2015 as a nonprofit research lab before fully re-incorporating this year as a capped-profit company, is ...