Gretchen Krueger, a former policy researcher at OpenAI, said the company's nonprofit governance structure and cap on profits ...

Kirk Boodry of Astris Advisory says SoftBank's strategy around generative AI, which targets downstream companies, needs to be ...

Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.

Back in 1993, Blue Cross of California converted from a nonprofit entity by transferring its assets to a for-profit ...

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.

We discuss OpenAI's rapid evolution under Sam Altman, from bold AI advancements and new models to internal challenges and ...

SoftBank’s stock rebounded, helped by the Japanese company’s possible participation in an OpenAI funding round.

Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.

The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...

Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information ...

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 ...