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

On the Friday after Christmas, OpenAI published a blog post titled "Why OpenAI's structure must evolve to advance our mission." In it, the company detailed a plan to reorganize its for-profit arm into ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

OpenAI shared new details about its plan to overhaul its company structure. Its current for-profit arm has been governed by a nonprofit board. OpenAI said its existing for-profit arm would become a ...

OpenAI plans to remain under nonprofit control as it restructures its for-profit business into a Public Benefit Corporation, the company announced Monday. The move clarifies OpenAI's governance after ...

OpenAI abandoned a controversial effort to place its juggernaut artificial-intelligence business under control of a for-profit entity and will instead remain under its founding nonprofit board. The ...

Elon Musk's xAI quietly ended its public benefit corporation status late last year, amid its founder's ongoing battle with OpenAI, CNBC reported. Maker of the Grok chatbot, xAI did not immediately ...