OpenAI has reversed its course around the for-profit transition and now says the company will continue to operate under the ...

OpenAI scrapped a controversial plan to become a fully for-profit company and opted to leave its nonprofit entity in charge.

OpenAI CEO Sam Altman announced today that he has hired Fidji Simo, the current Chair and CEO of Instacart, as the company’s new CEO of Applications.

ChatGPT CEO Sam Altman is scheduled to testify Thursday in Senate Commerce hearing at 10 a.m. EDT. Watch live in our video player above.

CNBC's Kate Rooney sits down with Sierra co-founder Bret Taylor to break down the rapid improvements and cost reductions of ...

Bret Taylor said that because of AI, some jobs are about to undergo a "tumultuous" five years. But he said he was "optimistic" about how the tech would transform work. He said that Microsoft Excel ...

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.

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 ...

"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 ...

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 public ...