OpenAI aims to become public benefit corp.
OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its ...
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...
Explainer: Why OpenAI plans transition to public benefit corporation
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...
OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
Market watchers have said an initial public offering from OpenAI seems unlikely in 2025 given that it’s been able to raise ...
OpenAI says it needs ‘more capital than we'd imagined' as it lays out for-profit plan
OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...
OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money
As Fortune reported in September, Altman told his staff at the time that OpenAI would next year become a more traditional for ...
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...
OpenAI Wants to Create a ‘Public Benefit Corporation.’ Here’s What That Means.
OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the ...
OpenAI's for-profit plan includes a public benefit corporation
Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...
OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...