Last year, sources told The New York Times that OpenAI predicted revenue would hit $100 billion by 2029. While talking about ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
Officials say the multi-billion-dollar data center will be built by Oracle and Related Digital, creating more than 2,500 ...
Sam Altman’s ability to intertwine the startup throughout major tech players puts it at the nexus of a vital part of the U.S.
ChatGPT maker OpenAI is setting its eyes on an IPO as soon as late 2026, according to a Reuters report. The IPO could double ...
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
While OpenAI made compromises to get it done, the restructure is a decisive win that will pave the way for a new era of ...
Here are seven unusual financial agreements helping to drive the ambitions of the poster child of the A.I. revolution.
After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as ...
OpenAI is considering filing with securities regulators as soon as the second half of 2026, people familiar with the matter ...
Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...