OpenAI corporate governance concerns the legal and organizational structures guiding the transition from a nonprofit entity to a profit-seeking public benefit corporation while retaining a stated public-interest mission. The topic encompasses board control, nonprofit oversight mechanisms, and restructuring of profit models under competitive market pressures. It also includes litigation and court rulings involving Elon Musk and other stakeholders, addressing alleged abandonment of nonprofit purposes, executive compensation, and broader implications for accountability in artificial intelligence development.
Automotive
Tesla has scheduled an annual shareholders meeting for November, one day after the electric vehicle company came under pressure from major shareholders to do so.
Jul 10, 2025
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24
Business
A budding partnership between OpenAI CEO Sam Altman and legendary iPhone designer Jony Ive to develop a new artificial intelligence hardware product has hit a legal snag after a federal judge ruled they must temporarily stop ...
Jun 23, 2025
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27
Business
Meta offered $100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker's talent and strengthen its own generative AI teams, the startup's CEO, Sam Altman, has said.
Jun 18, 2025
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33
Business
At just 39 years old, Fidji Simo is poised to become OpenAI's second-in-command after leaving her mark at two other major tech firms, including Meta.
Jun 12, 2025
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23
Business
For Silicon Valley venture capitalists, the world has split into two camps: those with deep enough pockets to invest in artificial intelligence behemoths, and everyone else waiting to see where the AI revolution leads.
Jun 1, 2025
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113
Business
Netflix Chairman Reed Hastings is joining the board of San Francisco-based artificial intelligence company Anthropic.
May 29, 2025
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26
Business
Social media platform X was hit by a two-hour outage Saturday, prompting owner Elon Musk to say he needs to spend more time focusing on his companies.
May 25, 2025
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32
Business
Sam Altman's reputation for spin was out in full force this week in a published "letter to employees" announcing that he was abandoning plans to turn OpenAI into a for-profit company. Instead, it will "continue to be overseen ...
May 8, 2025
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45
Business
After months of 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 ...
May 5, 2025
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34
Business
Former employees of OpenAI are asking the top law enforcement officers in California and Delaware to stop the company from shifting control of its artificial intelligence technology from a nonprofit charity to a for-profit ...
Apr 23, 2025
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21
