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, ...

Microsoft and OpenAI announced a new deal on Tuesday that rewrites the core of their partnership and clears the path for OpenAI to convert itself into a for‑profit public benefit corporation. The new ...

OpenAI has reached a new tentative agreement with Microsoft (MSFT) and said its nonprofit, which technically controls its business, will now be given a $100 billion equity stake in its for-profit ...

OpenAI has converted into a public benefit corporation. Delaware’s attorney general approved the restructuring plan. Microsoft gains a 27% stake in OpenAI’s new for-profit arm. A new OpenAI Foundation ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation and a crucial regulator, the Delaware attorney general, said she approved ...