It doesn’t mention OpenAI by name, but calls for the creation of an oversight board empowered to review and potentially reverse conversions to nonprofit organizations engaged in scientific and ...

A federal judge refused to give Musk an immediate injunction against OpenAI's switcheroo, but threw him a lifeline.

OpenAI has completed its conversion to a for-profit entity, a move that could allow it to raise billions of dollars in investment and potentially clear the way for a stock market debut. As part of the ...

OpenAI’s “will they, won’t they” flirtation with becoming a for-profit corporation is over. On Tuesday, the company announced that it has completed its recapitalization process, turning its AI lab ...

OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation and that two crucial regulators, the Delaware and California attorneys ...

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...

Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ...

OpenAI announced on Tuesday a new structure that allows it to operate more like a for-profit company. The nonprofit side is now called the "OpenAI Foundation," and will control the new "OpenAI Group ...

OpenAI, maker of ChatGPT and other artificial intelligence tools, has officially shifted to a for-profit model and will incorporate as a public benefit corporation. That long-sought change means the ...