OpenAI recently laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation ...

ChatGPT-maker OpenAI has laid out plans for a new corporate structure shifting away from control by a non-profit – an issue ...

OpenAI CEO Sam Altman's sister, Ann Altman, has filed a lawsuit alleging he sexually abused her from 1997 to 2006, starting when she was three and he was 12, BBC News reports.

Samsung is investing in humanoid robot development, partnering with Rainbow Robotics to create advanced robots for various ...

OpenAI rivals like Anthropic and Elon Musk’s xAI use a similar structure. “The P.B.C. is a structure used by many others that requires the company to balance shareholder interests, stakeholder ...

As a PBC, OpenAI would be required to balance its shareholders' and stakeholders' interests with the public benefit. To achieve that, OpenAI would offer "ordinary shares of stock" while using some ...

Eligible OpenAI shareholders have until December 24 to decide if, and how much, they want to sell. SoftBanks' tender offer was first reported by CNBC in November, but the number of eligible ...

OpenAI has detailed its plans for a new corporate ... used⁠ by many others⁠ that requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest ...