OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation ...

The artificial intelligence company said that the nonprofit that controlled the organization would receive a $130 billion ...

To achieve those goals, OpenAI is betting on two key strategies: continued algorithmic innovation and dramatically scaling up ...

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.

PayPal is also instituting its first dividend, boosting its full-year forecast and sharing new numbers around Venmo.

ChatGPT’s parent has ditched its quirky structure, relaxing Microsoft’s exclusive grip. The tech giant gets 27% of the $500 ...

The new agreement with Microsoft gives the software giant a roughly 27% stake in OpenAI's new for-profit corporation while ...

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure ...

OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit ...

Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...

OpenAI’s conversion to a for-profit structure is ready, along with a new deal thatshrinks Microsoft’s ownership stake and ...

OpenAI completed its restructure, with a nonprofit Foundation holding a $130B stake in the for-profit arm—just below ...