OpenAI CEO Sam Altman has no equity in OpenAI. "It was a crazy tone-deaf thing to try to make the point 'I already have ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
Here are seven unusual financial agreements helping to drive the ambitions of the poster child of the A.I. revolution.
Investors have been clamoring for ways to gain exposure to the AI powerhouse. Reuters reports that an IPO could come as soon ...
Inside Microsoft’s earnings was a charge that caught analysts by surprise: a $4.1 billion hit on its investment in OpenAI.
While OpenAI made compromises to get it done, the restructure is a decisive win that will pave the way for a new era of ...
To achieve this restructuring, Altman needed to renegotiate the terms of OpenAI’s agreement with Microsoft, its largest ...
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
Artificial intelligence startup OpenAI is preparing to file for an initial public offering as soon as next year that could ...
OpenAI hasn’t formally committed to an IPO, but CEO Sam Altman, in a livestream broadcast discussing the new structure, said ...
OpenAI is considering filing with securities regulators as soon as the second half of 2026, people familiar with the matter ...
The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.
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