Artificial intelligence giant OpenAI Group PBC is reportedly laying the ground work for an initial public offering that could value the company at $1 trillion. Reuters, refering to three people ...
After defeating legal challenges from Elon Musk and state regulators, OpenAI completed its controversial conversion to a for-profit structure, unlocking unprecedented capital for AI development. The ...
OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...
OpenAI on Tuesday said it had completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation. It’s the end result of a complex legal process ...
It’s official: OpenAI is now a bona fide for-profit corporation. On Tuesday, the ChatGPT maker announced that it had restructured its for-profit arm into a public benefit corporation, a type of ...
An illustration photo shows the OpenAI logo displayed on a smartphone with the Microsoft logo in the background in Chongqing, China on Aug. 27, 2025. Reporter OpenAI has completed a restructuring, ...
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business ...
OpenAI has committed to spending $1.15 trillion (updated to $1.4 trillion) on hardware & cloud infrastructure between 2025 & 2035. OpenAI announced they would hit $100B in 2027 which is earlier than ...
OpenAI is taking an ownership stake in Thrive Holdings, whose parent company is one of the AI giant’s major investors, Thrive Capital. Thrive Holdings operates like a private equity firm for AI, ...
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