Decentralized social network organization Mastodon said Monday that it is planning to create a new nonprofit organization in ...

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions ...

OpenAI would not be the first tech company to adopt the PBC structure. For instance, Anthropic, another San Francisco-based AI company, employs that motif. Meanwhile, non-tech companies like ...