The absence of financial goals, such as creating value for shareholders, allowed OpenAI to pursue its world-changing goals without distractions. The capped-profit structure remains in 2025.

Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial ...

The search giant should’ve been first to the chatbot revolution. It wasn’t. So it punched back with late nights, layoffs—and ...

Altman wants to extricate OpenAI's revenue-generating business from its nonprofit parent, creating a more traditional company that can take in investments and give stock to shareholders who expect ...

Nvidia GPU and AI startup CoreWeave sets IPO at $51 per share, 47 million shares for market value of $2.7 billion with OpenAI ...

which can allow majority shareholders to force a merger or takeover. OpenAI’s proposed structure disrupts this norm by granting its nonprofit board overriding authority, ensuring that mission ...

"We look forward to a jury confirming that [OpenAI CEO Sam] Altman accepted ... to secure control over the company as its majority shareholder and CEO and later attempting to convince its founders ...

OAKLAND, Calif. — A federal judge has denied Elon Musk's request for a court order blocking OpenAI from converting itself to a for-profit company but said she could expedite a trial to consider ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple’s diversity policies and partnership with OpenAI will come under fire from conservative ...

Elon Musk recently attempted an unsolicited takeover of OpenAI that was rejected by CEO Sam Altman and OpenAI's nonprofit board. Now the creator of ChatGPT reportedly wants to make sure that any ...