OpenAI, the parent company of ChatGPT, has ditched its push to become a for-profit company after heavy criticism from Elon ...

OpenAI will reverse course on its plans to convert into a for-profit business, announcing on Monday its nonprofit will ...

The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder ...

Tesla chief and Sam Altman on track for legal showdown as they compete for primacy over artificial intelligence ...

Lawyers for Elon Musk asked the court overseeing his breach of charitable trust lawsuit against OpenAI to throw out the ChatGPT maker’s countersuit, which alleged that Musk had engaged in unfair ...

Elon Musk, an early OpenAI investor, sued the company for breach of contract last year, alleging that the transition to a for ...

SAN FRANCISCO] Elon Musk fired back at OpenAI’s accusation that he has been waging a “relentless” campaign for more than a ...

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Sam Altman's reputation for spin was out in full force this week in a published "letter to employees" announcing that he was ...

In February, a Musk-led group offered to buy control of OpenAI for $97.4 billion, a bid that was swiftly rejected. Last month, OpenAI closed what amounts to the largest private tech funding round ...

OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT maker’s restructuring plans faced fierce pushback ...

STORY: OpenAI has dialed back its plan to turn into a for-profit company, announcing its nonprofit parent will stay in ...