OpenAI's latest funding round is even bigger than its prior financing, which was a record amount for private tech companies.

OpenAI has scrapped a restructuring initiative that would have separated its for-profit and nonprofit arms. Chief Executive Officer Sam Altman announced the move today in a memo to employees. OpenAI ...

OpenAI today shared new details about its closely watched effort to change its organizational structure. The ChatGPT developer also indicated that Microsoft Corp. has tentatively approved the ...

SoftBank posted a $2.4 billion gain at its Vision Fund as a jump in the value of its OpenAI investment helped offset losses ...

OpenAI (OPENAI) is reportedly working with Softbank’s (OTCPK:SFTBY) (OTCPK:SFTBF) subsidiary Arm (NASDAQ:ARM) to develop a central processing unit chip, as part of its larger deal with Broadcom ...

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...

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