Artificial intelligence startup OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a for-profit structure next year. The ChatGPT maker said its ...

OpenAI’s “will they, won’t they” flirtation with becoming a for-profit corporation is over. On Tuesday, the company announced that it has completed its recapitalization process, turning its AI lab ...

OpenAI announces its plan to remain under a non-profit structure, while continuing with plans to modify its for-profit arm to enable more capital-raising. OpenAI, the artificial intelligence company ...

OpenAI retains nonprofit control amid criticism and legal challenges Nonprofit to control public benefit corporation, easing capital-raising restrictions Concerns remain over balancing profit with AI ...

OpenAI says its nonprofit will remain in control. The company is in the process of transforming its structure as it looks to better position itself to raise more money to train its AI. Its latest plan ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Charles Rollet Every time Charles publishes a story, you’ll get an alert straight to your inbox ...