OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

The launch of the for-profit arm paved the way to the two multibillion-dollar funding rounds that OpenAI has closed since the ...

Under OpenAI’s current nonprofit structure, there is a cap on the returns that its backers can realize. Additionally, ...

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

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

The sovereign wealth fund of the Sultanate of Oman, Oman Investment Authority (OIA), has invested in Elon Musk’s artificial ...

Trading can be difficult, especially for novice traders, due to market volatility and price fluctuations. It can be hard for ...

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

In a series C investment round, Elon Musk's artificial intelligence venture xAI raised $6 billion. This adds to the $6 ...

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

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.