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." ...

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

"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 outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...

OpenAI has proposed a new for-profit structure by saying it would create a public benefit corporation to raise funds more ...

OpenAI, the company behind the popular AI chatbot ChatGPT, announced on Friday that it plans to restructure as a public ...

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, ...

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.

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