Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.

Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.

OpenAI's got another challenge ahead: figuring out how to convert future profit shares into equity in the new company. With ...

Gavin Newsom vetoed an artificial intelligence safety bill on Sunday, a win for AI heavyweights like OpenAI and Big Tech ...

The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...

According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and ...

As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...

Anthropic's head of communications took a jab at an OpenAI cofounder after a confusing tweet and a wild week.

The belief is so prevalent that it was mocked on HBO’s “Silicon Valley,” in a montage of startup founders all promising to ...

Other firms, such as Microsoft and Nvidia, have also been in talks to participate in OpenAI's anticipated funding round.

OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to ...

Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...