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OpenAI, Sam Altman and Elon Musk

Axios on MSN · 1d

OpenAI's for-profit switcheroo leaves Sam Altman hanging

The latest plot twist in OpenAI's epic corporate drama leaves Sam Altman only part way toward his goal, announced last year, of separating the ChatGPT maker from the nonprofit that controls it. Why it matters: Since Altman was briefly ousted as CEO by the nonprofit board in November 2023,

The Washington Post on MSN · 2d

Sam Altman hands Elon Musk a win, scrapping OpenAI’s for-profit plan

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

TheWrap on MSN · 1d

OpenAI Ditches For-Profit Ambitions After Elon Musk Rips Sam Altman Over Plan

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

OpenAI says nonprofit to retain control

TechRepublic · 22h

OpenAI Backtracks, Says Nonprofit Will Retain Control: How Did Musk & Microsoft Respond?

OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and state officials.

Orange County Register · 1d

OpenAI reverses course and says its nonprofit will continue to control its business

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.

OpenAI says nonprofit to retain control, as it dials back restructuring

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman's power over the pioneering maker of ChatGPT. Ryan Chang has more.

57mon MSN

OpenAI’s restructuring plan could halve Microsoft’s revenue share by end of this decade: Report

OpenAI intends to cut Microsoft's revenue share from 20% to 10% by 2030, as it restructures into a public benefit corporation ...

2don MSN

OpenAI, facing pressure, announces its nonprofit will stay in control after all. Read CEO Sam Altman's letter.

CEO Sam Altman published a letter announcing the plan on Monday.

2don MSN

OpenAI backs off push to become for-profit company

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation ...

1d

Why is OpenAI so hellbent on changing its structure?

OpenAI has decided that the future of ChatGPT development towards AGI needs A Public Benefit Corporation under nonprofit ...

12h

OpenAI Aims to Help More Countries Build Out AI Infrastructure

OpenAI rolled out a new initiative to help other countries build out the sprawling infrastructure required for the expansion ...

2don MSN

After backlash, OpenAI says company will remain under non-profit control

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

2don MSN

OpenAI shakes up corporate structure with goal of scaling up AGI investment

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

1d

It’s OpenAI’s Biggest Acquisition To Date – But What Does Windsurf Do?

OpenAI’s acquisition of Windsurf is making big headlines in the tech media world. It’s the biggest such activity by the ...

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