OpenAI’s new structure will put its for-profit arm in control. OpenAI’s new structure will put its for-profit arm in control. is a news writer who covers the streaming wars, consumer tech, crypto, ...

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 ...

OpenAI is in early talks to raise up to $40 billion in a massive funding round led by SoftBank that would value the artificial intelligence firm at $340 billion, according to a report. The funding ...

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 ...

A new artificial intelligence-driven video generator launched on Monday and due to high demand, it is temporarily unavailable to new users. As of Tuesday morning, new Sora accounts could not be ...

Since its founding in 2021, OpenAI Startup Fund has raised $175 million for its main fund and secured an additional $114 million through five separate special purpose vehicles, which are investment ...