OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam Altman revealed on Monday – a surprise move that came after the artificial-intelligence juggernaut faced fierce ...

OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the structure of its for-profit arm to allow more capital-raising to keep ...

OpenAI has abandoned a plan to put its artificial-intelligence business under the control of a for-profit entity—a shift that looks likely to create a headache in its relationship with Microsoft ...

OpenAI's non-profit arm will continue to maintain control of the artificial intelligence developer, coming off of a restructuring as concerns were voiced on its for-profit pivot. Market Domination ...

Target TGT2.86%increase; green up pointing triangle warned that its profit would come under pressure in the current quarter—and its sales could be flat this year—because of consumer ...

In a dramatic reversal, the company said Monday it would no longer try to separate control of its for-profit arm from the non-profit board that currently oversees operations. "We made the decision ...

OpenAI has decided that its nonprofit division will retain control over its for-profit organization, after the company initially announced that it planned to convert to a for-profit organization.

March 28 (Reuters) - OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of raising, a person ...