Emirates Airline has announced a staggering USD 5.2 billion in annual profits ... to the Emirates Group's overall USD 5.6 billion profit. Bolstered by Dubai's booming tourism and strategic ...

But questions remain over what exactly was changing, and what level of control the non-profit will have under the newly proposed plan, which lacks details. Currently, OpenAI’s nonprofit fully ...

But questions remain over what exactly was changing, and what level of control the non-profit will have under the newly proposed plan, which lacks details. Currently, OpenAI's nonprofit fully owns ...

OpenAI has abandoned its controversial restructuring plan. 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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI is abandoning plans to turn itself into a for-profit company, keeping the maker of ChatGPT under the ...

penAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization. The structural ...

Alarmed by the instability, investors demanded OpenAI transition to a more traditional for-profit structure within two years. Under its initial reform plan revealed last year, OpenAI would have ...

“That will not change. The non-profit’s for-profit arm will transition to a public benefit corporation (PBC) that will “consider the interests of both shareholders and the mission,” Bret ...

“I am encouraged by today’s announcement that the Company is seeking to address my concerns with that reorganization by proposing instead a plan in which the Delaware non-profit entity retains ...

It added that it would work with major backer Microsoft, regulators and newly appointed nonprofit commissioners to finalize the updated plan ... harder if a non-profit controls a commercial ...

Now, OpenAI’s nonprofit board — the one ... the California AG said that “the California Department of Justice is reviewing the new proposed plan. This remains an ongoing matter — and ...

(Reuters) - OpenAI has dialed back a significant restructuring plan, with its nonprofit parent ... "OpenAI was founded as a non-profit, is today a non-profit that oversees and controls the for ...