OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...

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 on Friday laid out a plan to revamp its corporate structure next year, saying it would create a public benefit ...

OpenAI has arranged a private stock sale for its staff with SoftBank Group that allows current and former employees to sell ...

But with IPOs scarce, tender offers and other types of secondary deals have surged. NewView Capital, a firm that specializes ...

Famed investor Marc Andreessen recently talked about meetings with Biden administration staff who gave him the impression ...

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

Sundar Pichai emphasised his vision for making Google 20 per cent more efficient. Just a few months later, in January 2023, ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

The search engine giant Google has now layoff 10% of its managerial staff, including managers, directors and vice presidents.

OpenAI executives told staff in an internal memo on Tuesday that Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai will be joining the company to work on multimodal AI, artificial intelligence ...

In anticipation of the launch, some OpenAI staff have been hinting at upcoming releases on social media. A technical team member asked followers about their Christmas lists, while another ...