The absence of financial goals, such as creating value for shareholders, allowed OpenAI to pursue its world-changing goals without distractions. The capped-profit structure remains in 2025.

The search giant should’ve been first to the chatbot revolution. It wasn’t. So it punched back with late nights, layoffs—and ...

Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial ...

Nvidia GPU and AI startup CoreWeave sets IPO at $51 per share, 47 million shares for market value of $2.7 billion with OpenAI ...

which can allow majority shareholders to force a merger or takeover. OpenAI’s proposed structure disrupts this norm by granting its nonprofit board overriding authority, ensuring that mission ...

"We look forward to a jury confirming that [OpenAI CEO Sam] Altman accepted ... to secure control over the company as its majority shareholder and CEO and later attempting to convince its founders ...

That represents a major shift away from Microsoft, OpenAI’s biggest shareholder, who fulfills most of the startup’s power needs today. The change won’t happen overnight. OpenAI still plans ...

The Nvidia-backed AI startup has sealed two sizable deals ahead of its listing, including a pact to deliver AI infrastructure ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple’s diversity policies and partnership with OpenAI will come under fire from conservative ...

Elon Musk recently attempted an unsolicited takeover of OpenAI that was rejected by CEO Sam Altman and OpenAI's nonprofit board. Now the creator of ChatGPT reportedly wants to make sure that any ...

Oracle (ORCL) and privately held OpenAI plan to fill their new U.S.-based data center with billions of dollars worth of ...