OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...

Under the proposed structure, the public benefit corporation (PBC) will run and control OpenAI's operations and business, ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

However, by 2019, it became clear that developing large-scale language models required substantial investments, prompting the ...

OpenAI on Friday laid out a plan to revamp its corporate structure next year, saying it would create a public benefit ...

With over $10 billion investment, Microsoft is perhaps the largest investor in ... It is in the face of this challenge that a ...

OpenAI may change its contract with Microsoft, so the cloud giant can benefit. OpenAI's December releases have seen overwhelming demand. The catch was that until recently, OpenAI was a partially ...

Under OpenAI’s current nonprofit structure, there is a cap on the returns that its backers can realize. Additionally, ...

Microsoft was initially limited in its OpenAI investment The massive investment ... then moved into a "capped profit" structure. The thinking by Altman and OpenAI's other founders was that they ...