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 ...

ChatGPT developer OpenAI has announced its new company structure. Non-profit status also plays a role in the new legal form.

OpenAI is growing the size of its Washington D.C. policy team with the expectation that the Trump administration will be ...

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

OpenAI has announced a major restructuring of its corporate ... Similarly, Anthropic’s Claude series and Elon Musk’s xAI, ...

The hundreds⁠ of⁠ billions⁠ of⁠ dollars that major companies are now investing into AI development show what it will really ...

OpenAI revealed details Friday about its plans to adopt a new corporate structure that will remove the company from control by a nonprofit that has been the focus of contention.

Cathie Wood is the founder of Ark Investment Management, which operates several tech-focused exchange-traded funds. Wood ...

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

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...

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