and the for-profit would pay to the nonprofit the value of what they’re taking, and that would be owned by the nonprofit in the form of stock in the new for-profit, independent OpenAI.

Perplexity AI, led by IIT Madras graduate Aravind Srinivas, is seeking to expand in India. The company recently secured $500 ...

A sharp focus on local, on-device AI systems will allow Apple to capture far greater value in the long ... not been uncommon to see OpenAI release a groundbreaking new model, only to have ...

OpenAI rival Anthropic PBC is seeking to raise up to $2 billion in new funding, multiple publications ... sources as saying that investment could value the company at $60 billion.

JUSTICE FOR SUCHIR, a cryptocurrency token, which aims to support the legal effort to investigate the death of OpenAI whistle ...

Anthropic, the generative artificial intelligence startup backed by Amazon (NASDAQ:AMZN) and others, is looking to raise $2B in new funding that would value the ... as xAI and OpenAI, both of ...

U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...

This change is based on the assessment that the new organizational ... In October, OpenAI secured $66 billion (97 trillion won) at a corporate valuation of $157 billion (232 trillion won).

MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate ...

ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting ... But it has been seeking to become a for-profit public benefit corporation (PBC), which could attract more ...