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

Over two years since the introduction of ChatGPT by OpenAI – a quick and easy way to ask an AI model almost anything – ...

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

OpenAI says the plan “would result in one of the best-resourced non-profits in history,” and allow it to raise funds with ...

Announcing restructuring plans, OpenAI said on Friday it would establish a public benefit company to make it simpler to raise ...

In a recent blog post, OpenAI revealed plans to split into two entities: a Public Benefit Corporation (PBC) and a non-profit ...

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

Nvidia is rolling out Blackwell, its next-generation AI chip architecture. Meanwhile, Broadcom is chasing what could be a $90 billion opportunity by 2027.

Openai emerged as the poster boy of ai in 2024, transforming from a nonprofit research lab into a competitive powerhouse in the booming generative ai market. With its valuation soaring to around $150 ...

A new artificial intelligence (AI) model has just achieved human-level results on a test designed to measure “general ...

The company behind ChatGPT has its very own understanding of general artificial intelligence. It is based on an agreement ...

The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...