Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.
OpenAI's got another challenge ahead: figuring out how to convert future profit shares into equity in the new company. With ...
The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...
Gavin Newsom vetoed an artificial intelligence safety bill on Sunday, a win for AI heavyweights like OpenAI and Big Tech ...
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and ...
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...
Anthropic's head of communications took a jab at an OpenAI cofounder after a confusing tweet and a wild week.
The WSJ reports that OpenAI's next funding round, worth around $6.5 billion, could close as soon as the first week in October ...
OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to ...
The belief is so prevalent that it was mocked on HBO’s “Silicon Valley,” in a montage of startup founders all promising to ...
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...