Such announcements aren’t without political risks, as OpenAI learned when Trump adviser Elon Musk criticized the deal on the ...
Sam Altman-led OpenAI is reportedly engaged in intricate discussions to transform into a for-profit entity, but its board is ...
His lawyer said the auction would decide fair value of OpenAI's charitable asset during its corporate restructuring. OpenAI ...
OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its board exerts over operations. OpenAI thinks it has found a way to make ...
OpenAI’s board is locked in complex negotiations to become a for-profit company, struggling to determine the price of ...
Why OpenAI's corporate structure matters Related stories The company said it wants to transition its for-profit arm into a Delaware Public Benefit Corporation⁠ — which, unlike a traditional ...
The former entirely-nonprofit-company known as OpenAI says it needs a boatload ... existing "capped-profit" arm to be transformed into a Delaware-based public benefit corporation, a type of ...
While they didn't support Musk's allegations directly, the feds added weight to his interpretation of antitrust law.
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to halt OpenAI's transition to a for-profit.
News updates from January 9: Elon Musk calls on California and Delaware to force auction of OpenAI stake; BlackRock quits climate group on facebook (opens in a new window) News updates from ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to ...
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions ...