SoftBank to invest $500 million in OpenAI
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
Kirk Boodry of Astris Advisory says SoftBank's strategy around generative AI, which targets downstream companies, needs to be ...
Back in 1993, Blue Cross of California converted from a nonprofit entity by transferring its assets to a for-profit ...
We discuss OpenAI's rapid evolution under Sam Altman, from bold AI advancements and new models to internal challenges and ...
Since the launch of ChatGPT in late 2022, OpenAI has become a household name in the Artificial Intelligence space, valued at over $80 billion earlier this year.
Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.
SoftBank’s stock rebounded, helped by the Japanese company’s possible participation in an OpenAI funding round.
The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...
SoftBank is investing $500 million into OpenAI, the artificial intelligence company behind ChatGPT, The Information reported ...
Previously, Apple was reported to be interested in AI investment with OpenAI. However, it was said that the iPhone maker had ...
OpenAI's chief technology officer, Mira Murati, and top researchers, Barret Zoph and Bob McGrew, announced their resignations ...