In a legal filing, Delaware's State Attorney General confirmed details about OpenAI's effort to reincorporate as a for-profit public benefit corporation. Delaware State Attorney General Kathleen ...

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 ...

ChatGPT has taken the tech world by storm since its debut, and 2024 wasn't any less for the chatbot and its maker, OpenAI. The Delaware-based generative AI company saw many ups and downs last year.

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 ...

A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to auction off a large stake in its business, intensifying a bitter fight with the company’s ...

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.

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 ...