OpenAI Completes Major Reorganization With $135 Billion Microsoft Stake

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
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OpenAI Restructures Into a For-Profit Company

OpenAI adopts a for-profit structure, allowing it to operate like a traditional company and raise the billions needed to ...

OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation

OpenAI is laying the groundwork for an initial public offering that could value the company at up to US$1 trillion, three ...

OpenAI’s dev day: A fresh focus on putting AI to work

One of the keys to enterprise customers realizing a return on their investment in AI is the creation of intelligent agents ...

OpenAI shows off Stargate AI data center in Texas and plans 5 more elsewhere with Oracle, Softbank

Stargate, a joint venture between OpenAI, Oracle and Softbank, said it is building two more data center complexes in Texas, ...

Microsoft gets 27% stake in OpenAI, and a $250B Azure commitment

Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions ...

OpenAI eyeing $1 trillion IPO valuation for as early as next year: report

San Francisco artificial intelligence startup OpenAI is reportedly laying the groundwork for a $1 trillion initial public ...

OpenAI and Amazon sign $38 billion deal for AI computing power

SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centers in the U.S. OpenAI will be able to ...