AlexNet, created by Alex Krizhevsky, Sutskever and Geoffrey Hinton, used a deep convolutional neural network (CNN)—a powerful ...

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

The OpenAI Startup Fund, the early-stage AI investor affiliated with OpenAI, recently disclosed in a financial filing that it has raised over $44 million for its fifth Special Purpose Vehicle (SPV ...

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.

NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...

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

Generative AI funding has reached new heights in 2024, with a record-breaking $56 billion invested across 885 deals.

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

The OpenAI Startup Fund, the early-stage AI investor affiliated with OpenAI, recently disclosed in a financial filing that it has raised over $44 million for its fifth Special Purpose Vehicle (SPV) — ...