A business organization that serves some public purpose and therefore enjoys special treatment under the law. Nonprofit corporations, contrary to their name, can make a profit but can't be ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

The board is evaluating a plan that would turn OpenAI’s business into a public benefit ... goal of bettering society — while retaining a nonprofit side, according to a blog post Friday.