OpenAI is making moves toward becoming a for-profit company
OpenAI is in preliminary talks with the California attorney general's office about the process to become a for-profit company, Bloomberg reported.
OpenAI Speaks to California Attorney General About Becoming For-Profit Company
OpenAI and a representative for the California Attorney General did not immediately respond to Reuters’ requests for comment. A shift to being a for-profit company would mark a
OpenAI in talks with California to become for-profit company, Bloomberg News reports
Sam Altman-led OpenAI is in early talks with the California attorney general's office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter.
OpenAI in regulator talks to become for-profit company
OpenAI is advancing in its bid to transform the non-profit structure of the US$157 billion company into a for-profit business by having preliminary discussions with regulators.
OpenAI Considers Shift to For-Profit Model, Engages with California Officials in Early Talks
OpenAI, led by CEO Sam Altman, is in early discussions with Californias attorney general to potentially transition into a for-profit entity. The change could attract new investors, marking a shift from OpenAIs
ChatGPT parent OpenAI in talks with California to become for-profit company: report
Sam Altman-led OpenAI is in early talks with the California attorney general’s office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter.
Toyota to post first profit drop in 2 years as demand cools after big run
TOKYO, Nov 5 (Reuters) - Toyota Motor (7203.T), opens new tab is expected to post its first profit drop in two years when ...
Saudi Aramco Profit Falls on Refining Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 ...
Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls
Berkshire also reported a 6% decline in quarterly operating profit, largely the result of higher insurance underwriting ...
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...
Marqeta's Q3 TPV Jumps 30%, Profit Falls
Marqeta reported a solid Q3 2024 with notable growth in processing volume, though profitability challenges remain.
Amazon Reports Record $15.3 Billion Profit
Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed ...
Amazon Keeps Profit Margins in Orbit
The e-commerce giant’s strong operating earnings are offsetting a huge jump in AI spending and countering worries of ...
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Reddit’s explosive user growth and AI tools help it soar to its first profit as a public company
The social platform claimed a profit of $29.9 million for the period ending in September, and reported sales of $348.4 ...
Reddit Hits First Profit as AI Drives Explosive Growth
The platform's AI translation feature enables posts to be converted between languages, including English, French and Spanish.
BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas
The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that ...
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Memphis non-profit offers hope and healing for domestic violence survivors
Every Tuesday as part of our Greater Memphis on a Mission series, we highlight organizations making Memphis better. This week ...
Insurer Prudential's nine-month profit rises on strong performance by segments
Prudential PLC , posted a 11% rise in new business profit for the first nine months of fiscal 2024 on Wednesday, as the ...