OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit ...

OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods ...

The final move comes after intense scrutiny from the attorneys general of California and Delaware, where the company is headquartered and incorporated, respectively. OpenAI hired a formidable policy ...

Current and former OpenAI employees sold about $US6.6 billion of stock to investors including Thrive Capital, SoftBank Group, ...

The artificial intelligence company said that the nonprofit that controlled the organization would receive a $130 billion ...

Credit Suisse has lost a 440 million US dollar (£325 million) High Court claim against Japan’s SoftBank Group over a ...

The way OpenAI puts it, this move is the best of both worlds for the company. It asserts that it will continue to operate ...

OpenAI’s conversion to a for-profit structure is ready, along with a new deal thatshrinks Microsoft’s ownership stake and ...

OpenAI's new $500 billion valuation surpassed Elon Musk's SpaceX to become the world's most valuable private company ...

The secondary sale vaults the ChatGPT-maker ahead of Elon Musk’s SpaceX to become the most valuable start-up in the world. OpenAI was previously valued at US$300 billion in a US$40 billion financing ...

Chatgpt maker OpenAI has stitched up a deal that values the artificial intelligence outfit at $500 billion, putting it ahead of Elon Musk’s SpaceX as the most expensive start-up in the world. The ...

Investors will be looking beyond the bottom line in chipmaker Intel Corp.’s third-quarter earnings after a wave of ...