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 ...

Lawyers for Elon Musk said OpenAI's countersuit accusing him of waging a campaign to harm the ChatGPT maker "fail as a matter ...

In response, Musk’s legal team referred to a $97.4 billion unsolicited takeover bid earlier this year from a Musk-led consortium, which OpenAI rejected. “Had OpenAI’s board genuinely ...

Musk's $97 Billion Offer Was Rejected In early 2025 ... However, the offer was swiftly rejected by OpenAI's board, calling it a "sham bid." He even threatened to drop the takeover bid if ...

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

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 ...

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

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

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 ...