Once friends and business partners, now rivals, Elon Musk and Sam Altman are dueling it out in a California Federal courtroom ...

The transition to a PBC aligns OpenAI with competitors such as Anthropic and Elon Musk’s xAI, which have similar structures ...

Graphic processing units (GPUs) serve as a key component in the foundation of the world's artificial intelligence (AI ...

By investing in ventures like xAI, Gulf countries are asserting their ambition to drive innovation that delivers both ...

KHC invests in xAI's Series C funding, valuing the AI firm at USD 45 billion, a USD 20 billion rise from its Series B funding ...

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

OpenAI has announced a major restructuring of its corporate model to address growing financial challenges and the escalating ...

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) - a structure designed to consider the interests of society in ...

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

Encode, the nonprofit org that co-sponsored California's ill-fated SB 1047 AI safety legislation, has requested permission to ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...