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 announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
For a while, it was clear that OpenAI was going to pursue a sort of hybrid of a non-profit and for-profit structure. This was criticized by some who felt like the company needed to remain entirely ...
SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI in a move that would potentially make it ...
Sam Altman-led OpenAI is reportedly engaged in intricate discussions to transform into a for-profit entity, but its board is ...
The state’s attorney general asked the company how it plans to transfer assets out of its charitable nonprofit.
OpenAI CEO and co-founder Sam Altman called Chinese artificial intelligence startup DeepSeek “impressive,” while shrugging ...
Bloomberg reported that OpenAI was in talks with California’s attorney general over the shift. The company confirmed at the end of December that it was considering a new structure and ...