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OpenAI CEO aiming to build brain for the world, overhauls corporate structure

Altman said the transition is partly motivated by growing global demand for AI tools like ChatGPT.

The new PBC model replaces the company’s complex capped-profit structure with a traditional equity model.(Bloomberg)
Published on May 06, 2025 10:19 AM IST

OpenAI to remain under nonprofit control, parent to hold for-profit arm as well

OpenAI had outlined plans in December to revamp its structure to become a public benefit corporation, saying that would help it to "raise more capital".

OpenAI will remain under the control of its non-profit parent(REUTERS)
Published on May 06, 2025 01:09 AM IST
Reuters |

Perplexity and Meta AI’s app focus, making phones in India, and MEGHA’s AI win

What about the sourcing of raw materials, including high value components, such as chips and displays?

Employees
Published on May 01, 2025 07:00 AM IST

Altman and Nadella, Who Ignited the Modern AI Boom Together, Are Drifting Apart

The OpenAI and Microsoft CEOs helped each other become power players in generative AI but are now preparing for independent futures.

Altman and Nadella, Who Ignited the Modern AI Boom Together, Are Drifting Apart
Published on Apr 29, 2025 08:32 AM IST
WSJ

A shade of OLO, e-waste wisdom, and Airtel’s silent recalibration

For years, we were told by tech companies that the traditional hard disk drive (HDDs) were slow and therefore obsolete.

OLO
Published on Apr 24, 2025 07:00 AM IST
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