Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business ...

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, ...

The big picture: OpenAI has completed a sweeping overhaul of its ownership and governance structure, ending months of negotiations with Microsoft and securing a path to operate as a for-profit public ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation after two crucial regulators, the Delaware and California attorneys general, ...

OpenAI plans to add Alphabet’s Google cloud service to meet its growing needs for computing capacity, three sources told Reuters, marking a surprising collaboration between two prominent competitors ...

According to new reporting from The Information and The Wall Street Journal, the two companies have been negotiating for more than eight months regarding issues of ownership, profit-sharing, and ...

After nearly a year of negotiations with Microsoft and the attorneys general of California and Delaware, OpenAI has successfully reorganized its corporate structure. OpenAI says that its nonprofit ...