OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...

OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...

AI startups continue to dominate the venture capital funding landscape. Here are the all the megarounds so far in 2024.

OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...

It’s a company that has become a household name, and a leader in its field. People are even recognizing the name Sam Altman, ...

OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with ...

OpenAI has outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to ...

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

OpenAI is also an investor in 1X, a Norway-based Figure rival. It has developed a humanoid robot called EVE that travels on a ...

A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia ...

Explore the top 25 AI startups that raised billions in funding in 2024. The most prosperous AI startups to watch include ...