OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

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

Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate ...

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...

OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...

Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.

But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...

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

Elon Musk's AI startup, xAI, has successfully raised another $6 billion in Series C funding. This funding will be used to ...

After months of speculation, OpenAI today officially announced that it is changing its corporate structure to best support its mission. Back in 2015, OpenAI started as a nonprofit. Since it faced ...