OpenAI has $20 billion to win or lose in its race to become a for-profit
The ChatGPT maker has announced $40 billion in new funding, but $20 billion of that will depend on its controversial ...
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
The provision ramps up the pressure on OpenAI to convert into a for-profit entity, a plan that will need the blessing of ...
Interesting Engineering on MSN4d
$300 billion valuation: Sam Altman's OpenAI to raise $40 billion for advancing AI
OpenAI aims to raise up to $40 billion in a funding round led by SoftBank to advance AI research and improve its tools.
An AI 'gold rush.' What to know about OpenAI's record $40-billion funding round
ChatGPT maker OpenAI this week announced it raised a whopping $40 billion as it races to dominate a competitive AI landscape ...
Tech Xplore on MSN2d
From IBM to OpenAI: 50 years of winning (and failed) strategies at Microsoft
Microsoft celebrates its 50th anniversary. This article was written using Microsoft Word on a computer running Microsoft ...
OpenAI is ready to embrace an open weight AI model strategy
OpenAI CEO Sam Altman has announced the company will release an 'open-weight' AI model, a strategic shift to compete with ...
OpenAI's next funding round could drop to $30B if for-profit conversion delayed: report
The next funding round for OpenAI could be cut by as much as $10B if its conversion into a for-profit entity is delayed. Read for more.
Inc7d
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by Year’s End
OpenAI must finish its transition to a for-profit company by the end of the year to acquire the full $40 billion funding led by SoftBank it is in the final stages of raising, a person familiar ...
ABP News on MSN8d
OpenAI’s $125 Billion Dream: Why AI Giant Is Not Expecting Profitability Before 2029
OpenAI forecasts that its annual revenue will exceed $125 billion, a staggering jump fueled by the growing adoption of its ...
The Motley Fool21d
Who Owns OpenAI?
The original group, known as OpenAI Nonprofit, still runs the show, setting targets and strategy with a 10-member board of directors as of March 2025. CEO Sam Altman holds one seat, while the ...
The Hindu5d
OpenAI must complete for-profit transition by year-end to raise full $40 billion
OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of raising, a person familiar with the matter ...