Booth is a reporter at TIME. Open AI CEO Sam Altman speaks during an event in Tokyo, Japan, on Feb. 3, 2025. Booth is a reporter at TIME. In the latest development in an ongoing struggle over OpenAI's ...

OpenAI’s plans to restructure as a for-profit business mark a significant departure from its roots as a nonprofit research lab grounded in a commitment to build artificial intelligence (AI) to ...

OpenAI on Tuesday said it had completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation. It’s the end result of a complex legal process ...

The financial performance of some of the country’s largest nonprofit and for-profit health systems in the third quarter of 2025 reflects a sector making cautious strides toward stability, but not all ...

OpenAI says its corporate structure must evolve to advance its mission of ensuring artificial general intelligence (AGI) — AI that can complete most tasks humans can — benefits all humanity. The ...

Open AI CEO Sam Altman speaks during a summit on June 2, 2025 in San Francisco, California. Credit - Justin Sullivan—Getty Images After almost a year of negotiations, OpenAI announced Tuesday that it ...

OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a ...