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

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

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

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

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 ...

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...