OpenAI reverses course and says its nonprofit will continue to control its business

OpenAI backtracks on plans to take away non-profit's control

Last year, OpenAI announced controversial plans to hand over control to its for-profit arm instead of the more restrictive non-profit body that is currently in control.

OpenAI retains nonprofit control amid criticism and legal challenges

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman's power over the pioneering maker of ChatGPT. The announcement follows a storm of criticism and legal challenges, including a high-profile lawsuit filed by rival and co-founder Elon Musk, who has accused OpenAI of straying from its founding mission to develop artificial intelligence for the benefit…

OpenAI Continues To Be Overseen, Controlled By Nonprofit: Sam Altman

Sam Altman-run OpenAI will continue to be overseen and controlled by the nonprofit and its 'for profit LLC' will transition to a public benefit corporation, giving the nonprofit better resources to support several benefits, the company has announced

OpenAI says non-profit will remain in control after backlash

The move follows a bitter power struggle over the business.

OpenAI reverses course and says its nonprofit will continue to control its business

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 other artificial intelligence products.

OpenAI Backs Down on Restructuring Amid Pushback

The startup behind ChatGPT is going to remain in nonprofit control, but it still needs regulatory approval.