In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped ...
The deal is the latest move by OpenAI to integrate retail platforms into its hugely popular chatbot. PayPal stock surged on ...
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
Microsoft emerges as the winner with significant concessions that make its original OpenAI investment well worthwhile.
Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
OpenAI is laying the groundwork for an initial public offering that could value the company at up to around $1 trillion, ...
“Traditional classifiers can have high performance, with low latency and operating cost," OpenAI said. "But gathering a ...
The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions ...
The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.
OpenAI completed its restructure, with a nonprofit Foundation holding a $130B stake in the for-profit arm—just below ...