If there was any doubt, the generative AI bubble didn't burst in 2024, according to data from financial trackers.
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...
New filings in Elon Musk’s lawsuit against OpenAI show two top tech investors back his allegation that the ChatGPT developer ...
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...
Nvidia spent over $1 billion in 2024 on artificial intelligence (AI) investments, cementing its role as both the backbone and ...
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...
OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with ...
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...
NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...
OpenAI is also an investor in 1X, a Norway-based Figure rival. It has developed a humanoid robot called EVE that travels on a ...