ChatGPT developer OpenAI has announced its new company structure. Non-profit status also plays a role in the new legal form.

OpenAI has announced a major restructuring of its corporate model to address growing financial challenges and the escalating ...

Here's everything you need to know about the world's richest person, Elon Musk's ex-girlfriend, Grimes. Also, know about her ...

Under OpenAI’s current nonprofit structure, there is a cap on the returns that its backers can realize. Additionally, ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

OpenAI is mulling a restructuring designed to help coordinate ChatGPT maker's nonprofit and for-profit entities ...

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

The sovereign wealth fund of the Sultanate of Oman, Oman Investment Authority (OIA), has invested in Elon Musk’s artificial ...

Here’s a look at the world’s richest people, as Elon Musk’s net worth exceeds $400 billion, fueled by a surge in SpaceX’s ...

In a series C investment round, Elon Musk's artificial intelligence venture xAI raised $6 billion. This adds to the $6 ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...