In a company blog post published Friday, OpenAI said it planned to restructure as a public benefit corporation, or PBC, which ...

Abundant investment and an open-source approach have pushed China to the AI forefront, but a lack of advanced chips may prove ...

OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...

* Chinese AI models are getting more interesting as Alibaba announces an advanced visual reasoning model and Stepfun gets ...

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to ...

As Fortune reported in September, Altman told his staff at the time that OpenAI would next year become a more traditional for ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

Under OpenAI’s current nonprofit structure, there is a cap on the returns that its backers can realize. Additionally, ...

The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...

Everyone knows Microsoft (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 ...