OpenAI is in the process of transitioning from a nonprofit business to a for-profit one—and Sam Altman, the company’s CEO and ...

Altman addresses employee concerns about potential equity compensation and ongoing leadership changes at a company all-hands ...

OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to ...

Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” in ...

The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned ...

As OpenAI considers a for-profit structure, chief executive Sam Altman has reportedly told employees he doesn’t plan to get a ...

Sources tell Bloomberg that OpenAI could grant Altman a 7% equity stake in the company, which could potentially lead to a $10 billion infusion of wealth for the 39-year-old CEO. Altman’s net worth is ...

A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year says she’s leaving the artificial intelligence company ...

While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board whose mission is to help humanity.

From Ilya Sutskever to Mira Murati, OpenAI has seen top talent depart the company over the last 10 months.

Changing the structure of OpenAI could be advantageous for Sam Altman, a corporate law expert said.