After months of pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and ...

ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure. The move ...

OpenAI said Instacart’s CART-6.10%decrease; red down pointing triangle chief executive is joining the company to lead its applications business as the ChatGPT maker looks to scale its operations ...

Sam Altman and OpenAI did something unusual on Monday: They backed down. The plan to spin out OpenAI, the $300 billion maker of ChatGPT, into an independent, for-profit company was scrapped.

OpenAI announced Monday it has updated its restructuring plan to keep its for-profit arm under the control of its nonprofit parent organization, amid escalating scrutiny and a legal challenge by ...

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 ...