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

The tension between creating technology for humanity's sake and collecting a profit is coming to a head for the creator of ...

OpenAI's chief technology officer, Mira Murati, and top researchers, Barret Zoph and Bob McGrew, announced their resignations ...

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

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

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

OpenAI expects its revenue to grow dramatically in a few years, but it needs to expand its computational power.

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

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

In a short-lived will-they-won't-they love story to rival the likes of Heathcliff and Catherine, Apple is reportedly no ...

The belief is so prevalent that it was mocked on HBO’s “Silicon Valley,” in a montage of startup founders all promising to ...

As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...