NEW YORK – The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax ...

SAN FRANCISCO (AP) — Unlike Google, Facebook and other tech giants, the company behind ChatGPT was not created to be a business. It was set up as a nonprofit by founders who hoped that it wouldn’t be ...

How OpenAI’s Corporate Structure Works and Why Changing It Matters Your email has been sent OpenAI CEO Sam Altman speaks on the Aug. 7 livestream at which the AI model GPT-5 was announced. Screenshot: ...

It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was in talks to raise $6.5 billion at a $150 ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation after two crucial regulators, the Delaware and California attorneys general, ...

For a long time, investors were happy enough to pour money into OpenAI despite a structure that didn’t put their interests first, but in 2023, the board of the nonprofit that controls the company — ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

NEW YORK (AP) — The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax ...