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2025-05-05
OpenAI restructures as public benefit corporation under non-profit control
OpenAI is restructuring: Its for-profit arm will become a public benefit corporation, but full control stays with the original non-profit.<br /> The article OpenAI restructures as public benefit [...]
2025-05-06
OpenAI’s new for-profit plan leaves many unanswered questions
OpenAI has abandoned its controversial restructuring plan. In a dramatic reversal, the company said Monday it would no longer try to separate control of its for-profit arm from the non-profit board th [...]
2025-04-09
Labor and nonprofit coalition calls on California AG to stop OpenAI from going for-profit
A group of organizations, including nonprofits like LatinoProsperity and labor groups like the California Teamsters, are petitioning California Attorney General Rob Bonta to stop OpenAI from becoming [...]
2025-03-05
Court denies Elon Musk's attempt to block OpenAI's for-profit transformation
US federal judge Yvonne Gonzalez Rogers has denied Elon Musk's request for an injunction that would have immediately stopped OpenAI's conversion into a for-profit entity. Musk filed for an i [...]
2025-02-14
OpenAI's board 'unanimously' rejects Elon Musk's $97.4 billion takeover bid
Elon Musk launched a $97.4 billion bid to take control of OpenAI. The Wall Street Journal reported a group of investors led by Musk's xAI submitted an unsolicited offer to the company's boa [...]