For a long time, investors were happy enough to pour money into OpenAI despite a structure that didn’t put their interests first, but in 2023, the board of the nonprofit that controls the company — ...

Read full article: TRAFFIC ALERT: North and southbound I-95 lanes in St. Johns County closed due to fiery crash SAN FRANCISCO – OpenAI said Tuesday it has reorganized its ownership structure and ...

As the maker of ChatGPT battles Google and Meta for A.I. supremacy, it’s also fighting to end control by a nonprofit board. By David A. Fahrenthold Cade Metz and Mike Isaac Last fall, the nonprofit ...

Most people are familiar with the terms nonprofits, not-for-profits, and for-profits—but do you know how each type of organization operates? While their differences may seem straightforward, each ...

Its current for-profit arm has been governed by a nonprofit board. OpenAI said its existing for-profit arm would become a public benefit corporation with ordinary shares of stock. OpenAI has detailed ...

OpenAI has bowed to pressure from civic leaders and ex-employees, announcing in a blog post on Monday that its nonprofit would retain control of the company even as it restructures into a public ...

The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax experts have ...

Directing a nonprofit health organization requires a unique blend of business acumen and a commitment to public health and community well-being. Nonprofit hospitals and health systems, unlike ...

This article explores legal challenges in nonprofit formation and governance, focusing on the importance of sound board management practices and conflict of interest safeguards. For attorneys advising ...

There is a window for storms from 10 pm Saturday to 1 am Sunday. SAN FRANCISCO – OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit ...