OpenAI, as a private company with a unique "capped-profit" structure, does not disclose detailed breakdowns of its ownership shares. However, some of its major investors are widely known ...

OpenAI now seeks to transition to a more conventional corporate structure, turning the for-profit subsidiary into an independent public benefit company that controls "OpenAI's operations and ...

The ever-volatile OpenAI is changing yet again, with co-founder and CEO Sam Altman shifting his focus to research and ...

Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial ...

OpenAI unveiled an updated version of its AI system GPT-4o that can generate more realistic images, the result of a year-long ...

OpenAI has launched a more powerful version of its o1 "reasoning" AI model, o1-pro, in its developer API. It's incredibly ...

The research-focused agent shows how a new generation of more capable AI models could automate some office tasks.

OpenAI currently operates in a hybrid structure, as a nonprofit with a money-making subsidiary. The change to a for-profit model, one that Altman says is crucial for the company's development ...

The lawsuit's outcome will determine the future of OpenAI's business model. The company argues that adopting a for-profit structure is essential for attracting more investment and remaining ...

The company reportedly needs to complete ... Part of the motivation behind OpenAI’s nonprofit structure was to ensure that profit motives don’t override its mission: ensuring AI research ...

A US judge on Tuesday denied Elon Musk's request to prevent OpenAI from becoming a for-profit business in a loss for the Tesla tycoon amid his feud with Sam Altman. US District Court Judge Yvonne ...