OpenAI is a strange company for strange times. Valued at $300 billion—roughly the same as seven Fords or one and a half ...

Microsoft's CEO says he's less concerned about AGI benchmarks compared to delivering real-world impact with generative AI.

OpenAI CFO Sarah Friar said the new structure enacted by the ChatGPT maker this month paves the way for an initial public ...

OpenAI’s chief financial officer Sarah Friar said on Wednesday that the artificial intelligence (AI) startup’s new structure ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium ...

Earlier today we published a deep dive on Perplexity’s financials. The three-year-old startup’s AI powered search engine has ...

investors were happy enough to pour money into OpenAI despite a structure that didn’t put their interests first, but in 2023, the board of the nonprofit that controls the company — yep ...

OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous.

Musk was questioning OpenAI's nonprofit model from Day 1, a member of OpenAI's legal team told CNBC. OpenAI's "structure doesn ... coordination via the Microsoft-OpenAI board interlocks." ...

The ChatGPT-maker is exploring removing the condition from its corporate structure ... OpenAI's board is discussing the options and a final decision has not been made, the FT report said ...

adding more anti-trust claims against the company and including Microsoft as a defendant. He also added his company, xAI, as well as Shivon Zilis, a former OpenAI board member and mother to three ...