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 ...
ChatGPT maker OpenAI is setting its eyes on an IPO as soon as late 2026, according to a Reuters report. The IPO could double ...
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.
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
A top engineer who helped build Sora says he's starting a new team at OpenAI to take a "high-risk" shot at artificial ...
The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
The $1 trillion report comes from “three people familiar with the matter.” Reuters’ sources claimed that OpenAI CFO Sarah ...
After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as ...
Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...