OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day ...

OpenAI is changing its structure. It will now operate as a Public Benefit Corporation. This shift aims to develop artificial ...

OpenAI has dropped a plan to turn itself into a fully for-profit company. But the about-face raises a lot more questions.

OpenAI’s decision on Monday to change course on its corporate restructuring looks to be a smart business choice. OpenAI has ...

As many readers know, OpenAI is currently embroiled in a closely watched, high-profile lawsuit with Elon Musk. He charges the ...

The new restructuring plan may be enough to appease ... like something OpenAI might eventually explore. Stephen Diamond, a corporate governance professor at Santa Clara University, told TechCrunch ...

LOS ANGELES, CA / ACCESS Newswire / May 6, 2025 / Movella Holdings Inc. (the "Company") today announced the completion of a restructuring transaction involving its wholly-owned subsidiary ...

NEW YORK - Movella Holdings Inc. has finalized a corporate restructuring process that transfers the ownership of its subsidiary, Movella Inc., to a group of secured lenders, the company announced ...

LOS ANGELES, CA / ACCESS Newswire / May 6, 2025 / Movella Holdings Inc. (the "Company") today announced the completion of a restructuring transaction involving its wholly-owned subsidiary, Movella Inc ...

One of the key drivers behind this corporate restructuring is the growing global demand for AI technologies, such as OpenAI’s flagship product, ChatGPT. Sam Altman explained that the company ...