This holiday season, OpenAI 's employees and former staff could experience an extraordinary financial windfall. A private ...

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

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

Under the proposed structure, the public benefit corporation (PBC) will run and control OpenAI's operations and business ...

The California-based organization said it plans to change its existing for-profit entity into a Delaware Public Benefit Corporation, or B-Corp, which is a similar structure to sustainability-focused ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

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

OpenAI has confirmed its plans to restructure as a for-profit entity, officially announcing a transition that has been the ...

Wall Street is very bullish on Microsoft ( MSFT -1.73%) and Meta Platforms ( META -0.59%). Both stocks have a consensus ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...