“We believe the structure works for that.” Altman said in a letter to employees provided to reporters Monday that the previous restructuring plan was abandoned “after hearing from civic ...

Less than a year after completing a restructuring that was supposed ... Chief Executive Officer Matthew Schroeder said in a letter to employees that was reviewed by Bloomberg News.

If successful, the latest restructuring will provide clarity ... and controls the for-profit," Sam Altman wrote in a letter to employees that the company also posted publicly.

NEW YORK: After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring ... In a letter to employees, OpenAI ...

Rite Aid has told its employees it intends to file bankruptcy less than a year after completing an earlier restructuring that ... Matthew Schroeder said in a letter to employees that was reviewed ...

After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring ... In a letter to employees, OpenAI Chief ...

Nineteen states and the District of Columbia filed a lawsuit against the federal government May 5 aiming to block the Trump administration’s large-scale restructuring of HHS. In the lawsuit, New York ...

In a Monday letter to employees, CEO and co-founder Sam Altman ... which Musk’s lawyer said the group would withdraw if OpenAI halted restructuring plans.

OpenAI's non-profit will continue to oversee the company, CEO Sam Altman said in a letter to employees, adding that the for-profit LLC will transition to a public benefit corporation. The company ...

OpenAI has bowed to pressure from civic leaders and ex-employees ... sent a letter last month to attorneys general in California and Delaware requesting that they halt the startup's restructuring ...