OpenAI has completed a restructuring of the company that now leaves it broken into two distinct businesses: a non-profit called the OpenAI Foundation, and a for-profit called OpenAI Group PBC.

It’s been 10 years since OpenAI was set up as a nonprofit by Sam Altman, Elon Musk, and other software developers and investors, friends, and rivals who didn’t quite trust each other to run a ...

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...