We document a sizeable increase in the frequency of price adjustments following the large energy shocks of 2022. We use a tractable New Keynesian model, calibrated to the pre-shock data, to interpret ...

The board is evaluating a plan ... s business into a public benefit corporation — an entity free to pursue income but with the goal of bettering society — while retaining a non-profit ...

The company said the PBC will oversee commercial operations, and it will hire a separate staff for its nonprofit branch that will “pursue charitable initiatives” in healthcare, education and ...

The PBC will run and control OpenAI’s operations and business, while the nonprofit will hire a leadership ... profit transition within two years. The plan faces hurdles. One of OpenAI’s ...

This division will “run and control OpenAI’s operations and business,” while OpenAI’s nonprofit will retain a stake in the business but lose its oversight role. The nonprofit will operate ...

OpenAI said its plan would result in one of the best ... the PBC will run and control OpenAI's operations and business, while the non-profit will hire a leadership team and staff to pursue ...

OpenAI has detailed its plans for a new corporate structure that would separate its business from being controlled by its nonprofit board ... have been." "Our plan is to transform our existing ...

The PBC will oversee commercial operations, and the nonprofit will hire a staff to pursue charitable initiatives, OpenAI said. OpenAI said Friday that in moving toward a new for-profit structure ...

OpenAI has finally shared details about its plans to shake up its core business by shifting to ... that previously supported the nonprofit. "Our plan would result in one of the best resourced ...

OpenAI chair Bret Taylor speaks to Axios' Ina Fried at the recent Axios AI+ Summit in San Francisco. Photo: Chris Constantine on behalf of Axios.