OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

M Co. expects profit to grow this year as Chief Executive Officer William Brown works to advance his plan to turn around the sprawling manufacturer.

“The key to the announcement is that the for-profit side of OpenAI ‘will run ... The startup could, however, face some hurdles in the plan. Musk, an OpenAI co-founder who later left and ...

Puma is implementing a cost savings plan after reporting lower than expected fourth-quarter sales and a drop in annual profit in its latest preliminary results. On Wednesday, the German athletic ...

American Airlines forecast 2025 profit below Wall Street expectations on Thursday, hurt by an uptick in jet fuel prices and ...

OpenAI CEO Sam Altman reveals financial losses with its ChatGPT Pro subscription, as company plans restructuring to balance its books.

California's attorney general's office investigates OpenAI's potential for-profit conversion, raising concerns over asset transfers and charitable trust.

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) - a structure designed to consider the interests of society in ...

is considering a change to the AI company’s structure that would create a more conventional money-making corporation alongside a nonprofit arm. The board is evaluating a plan that would turn ...

"Our plan would result in one of the best resourced nonprofits in history," OpenAI said. (During its latest funding round, OpenAI was valued at $157 billion.) OpenAI claimed the nonprofit's ...

OpenAI said its existing for-profit division will become a public benefit corporation, or PBC, "with ordinary shares of stock." The PBC will oversee commercial operations, and the nonprofit will ...