OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...

After defeating legal challenges from Elon Musk and state regulators, OpenAI completed its controversial conversion to a for-profit structure, unlocking unprecedented capital for AI development. The ...

Artificial intelligence giant OpenAI Group PBC is reportedly laying the ground work for an initial public offering that could value the company at $1 trillion. Reuters, refering to three people ...

OpenAI is taking an ownership stake in Thrive Holdings, whose parent company is one of the AI giant’s major investors, Thrive Capital. Thrive Holdings operates like a private equity firm for AI, ...