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

KHC invests in xAI's Series C funding, valuing the AI firm at USD 45 billion, a USD 20 billion rise from its Series B funding ...

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 ...

The scaling of the data centers and progress with AI will continue to surprise people and change the world.

Elon Musk, a global icon of innovation, has extended his influence beyond electric vehicles and space exploration to redefining the future ...

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

OpenAI's new structure aims to potentially make a more investor-friendly corporation, while maintaining a mission of funding a related charity ...

OpenAI has proposed a new for-profit structure by saying it would create a public benefit corporation to raise funds more ...

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

The launch of the for-profit arm paved the way to the two multibillion-dollar funding rounds that OpenAI has closed since the ...