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OpenAI has abandoned its controversial restructuring plan. In a dramatic reversal, the company said Monday it would no longer try to separate control of its for-profit arm from the non-profit ...

Altman and the chair of OpenAI’s nonprofit board, Bret Taylor, said the board made the decision for the nonprofit to retain control of OpenAI. The nonprofit already has a for-profit arm ...

"OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit," OpenAI Board Chairman Bret Taylor wrote in a company blog post, discussing the outside pressure for the ...

"With the structure we're contemplating, the not-for-profit will remain in control of OpenAI," Bret Taylor, OpenAI's board chairman, said in a video call with reporters. "We will be converting the ...

Altman and the chair of OpenAI’s nonprofit board, Bret Taylor, said the board made the decision for the nonprofit to retain control of OpenAI but is proposing another way to grow its business.

OpenAI co-founder and board chairman Bret Taylor posted the news to the organization's website, saying OpenAI would remain a charitable organization and convert its for-profit subsidiary into a ...