The announcement was made at Microsoft’s Build developer conference on Monday, and was notable given Microsoft’s partnership ...

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

Earlier this year, Musk made an unsolicited $97.4 billion offer to buy OpenAI, which was quickly rejected by Altman and his fellow board members. OpenAI’s restructuring bid took shape after ...

stating OpenAI was “not for sale,” and OpenAI’s board of directors unanimously rejected the bid, which Musk’s lawyer said the group would withdraw if OpenAI halted restructuring plans.

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

OpenAI CEO Sam Altman became a household name after the release of OpenAI's groundbreaking AI model, ChatGPT.

The board of directors of OpenAI has officially rejected the proposal of a consortium led by billionaire Elon Musk to acquire the company's assets for $97.4 billion. This is reported in the OpenAI ...

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

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, ...

"OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit," OpenAI Board ... Musk, who co-founded the nonprofit research lab group in 2015, in Musk's bid to ...