Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn in the ...

OpenAI launched in 2015 as a nonprofit artificial intelligence research lab. Four years later, it created a for-profit arm to ...

Indian budget hotel chain Oyo is delaying its third IPO attempt amid opposition from largest shareholder SoftBank and market ...

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

OpenAI has officially dropped efforts to change the company to a for-profit business, but at the same time has reduced limits ...

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a ...

OpenAI, the pioneering artificial intelligence company behind ChatGPT, announced on Monday a proposal to continue operating ...

The giant artificial intelligence start-up dialed back its corporate reorganization plan, but big questions remain about its ...

CEO Sam Altman published a letter announcing the plan on Monday.

OpenAI CEO Sam Altman has been working on wriggling out from under the control of the company’s nonprofit board ever since ...

OpenAI plans to retain its nonprofit status while spinning off its for-profit arm into a Public Benefit Corporation, despite ...