Many not-for-profit (NFP) organizations are founded with a specific desire to be separate and distinct from for-profit businesses. For many founders, the NFP’s mission matters more than the bottom ...

OpenAI has abandoned a plan to put its artificial-intelligence business under the control of a for-profit entity—a shift that looks likely to create a headache in its relationship with Microsoft, a ...

ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure. The move comes ...

OpenAI announced on Monday that the artificial intelligence (AI) giant is scuttling its plan to move the company away from a nonprofit structure to becoming a for-profit company. The ChatGPT-maker ...

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and ...

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and ...

SAN FRANCISCO (KRON) — ChatGPT maker OpenAI has apparently scrapped its plan to transition into a for-profit business. The San Francisco-based company, which is one of the leading names in artificial ...

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, ...

OpenAI has completed a restructuring of the company that now leaves it broken into two distinct businesses: a non-profit called the OpenAI Foundation, and a for-profit called OpenAI Group PBC.

Nonprofits, like other businesses, sometimes need a little extra cash to fund their activities. However, the rules governing loans to nonprofits vary from those for for-profit businesses. Nonprofit ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. If there is any form of measurement that gets a lot of ...