Nvidia poised to capitalize on high demand for inference GPUs with superior technology, but competition is heating up. Click ...
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...
OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...
This holiday season, OpenAI's employees and former staff could experience an extraordinary financial windfall. A private ...
OpenAI revealed that it will restructure into a new type of for-profit company, but still with a non-profit arm.
OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...
ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...
This holiday season, OpenAI's employees and former staff could experience an extraordinary financial windfall. A private stock sale orchestrated by the San Francisco-based leading AI company will ...
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
Bloomberg Intelligence projects that the generative AI market will grow at a compound annual growth rate (CAGR) of 42%, ...
OpenAI was founded in 2015 as a nonprofit organization with the ideal goal of building safe and beneficial AI for humanity.
The opportunity comes via a tender offer from Japan's SoftBank Group, which has agreed to purchase up to $1.6 billion of OpenAI stock at $210 per share. This price reflects OpenAI's valuation of $ ...