OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...
New York Post4d
OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans for revamping into a for-profit company. Under the proposed ...
CBS News5d
OpenAI's ChatGPT recovers after being hit with outages. Here's what to know.
ChatGPT stopped functioning for many users on Thursday afternoon, with OpenAI saying that its AI app was experiencing glitches for some. The app recovered several hours later, the San Francisco ...
Coreweave, Klarna may break IPO slump in 2025 — but OpenAI, SpaceX will wait it out
Initial public offerings may pick up the pace after a three-year slowdown, but economic headwinds and ample money to stay ...
The New York Times5d
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization would receive shares in the new company. By Cade Metz Cade Metz has ...
OpenAI reveals new frontier model o3; says it crushes prior AI benchmarks
OpenAI revealed its latest frontier models, o3 and o3-mini, which the startup said crushes benchmarks set by prior artificial ...
Business Insider4d
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI has detailed its plans for a new corporate structure that would separate its business from being controlled by its nonprofit board. In a blog post shared by the company on social media on ...