And while behemoths such as Google, Microsoft and Meta earn so much from legacy businesses that they can afford to spend ...

OpenAI’s “will they, won’t they” flirtation with becoming a for-profit corporation is over. On Tuesday, the company announced that it has completed its recapitalization process, turning its AI lab ...

Open AI CEO Sam Altman speaks during a summit on June 2, 2025 in San Francisco, California. After almost a year of negotiations, OpenAI announced Tuesday that it has completed its restructure to a ...

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...

Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker ...

OpenAI on Tuesday said it had completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation. It’s the end result of a complex legal process ...

OpenAI has completed its conversion to a for-profit entity, a move that could allow it to raise billions of dollars in investment and potentially clear the way for a stock market debut. As part of the ...

District Judge Yvonne Gonzalez Rogers said there was evidence suggesting OpenAI’s leaders made assurances that its original ...

Open AI CEO Sam Altman speaks during a summit on June 2, 2025 in San Francisco, California. Credit - Justin Sullivan—Getty Images After almost a year of negotiations, OpenAI announced Tuesday that it ...

OpenAI has a new structure that sees its nonprofit arm oversee a new public benefit corporation. CEO Sam Altman has said the restructuring, which should make it easier to attract investment, is ...

The new arrangement has a clearer plan for what happens if and when OpenAI achieves AGI. The new arrangement has a clearer plan for what happens if and when OpenAI achieves AGI. is The Verge’s senior ...

OpenAI's latest implied valuation, brushing up against the kind of figure usually reserved for the world's largest public companies, is not just a financial milestone. It is a statement about how ...