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In December, OpenAI proposed converting its for-profit arm into a public benefit corporation (PBC), aiming to attract more ...
OpenAI first outlined plans last year to convert its core governance structure but faced a number of challenges.
AI governance is the cornerstone of 2025 dominance. Boards that master risk, succession planning and strategic oversight will ...
OpenAI will continue to be controlled by a nonprofit as it restructures into a commercial entity, the AI startup said on ...
In these organizations, this crucial role to ensure effective governance and risk management is most often filled by the board of directors ... is crucial for not-for-profit organizations as ...
Boss Sam Altman said OpenAI would remain under the control of its for-profit board, while becoming what is known in the US as ...
and power plays disguised as governance are dangerous distractions. The board must be a performance enabler, not a political arena. Define success collectively: Set clear expectations around goals ...
Corruption doesn’t level the playing field, it rigs it. It substitutes ethical practice for undeserved advantage, rewarding the unscrupulous over the responsible. Nowhere are the stakes higher than in ...
In a statement, an OpenAI spokesperson said that OpenAI’s nonprofit “isn’t going anywhere” and that the organization’s mission “will remain the same.” “Our board has been very ...