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 ...
An illustration photo shows the OpenAI logo displayed on a smartphone with the Microsoft logo in the background in Chongqing, China on Aug. 27, 2025. Reporter OpenAI has completed a restructuring, ...
The 2026 CNBC Disruptor 50 list will be revealed Tuesday, May 19th OpenAI is in discussions with Amazon about a potential investment of $10 billion or more, though that number isn't set, CNBC ...
OpenAI cemented its role as the central force in AI infrastructure this week through a rapid-fire series of deal announcements. Altman said OpenAI will spend trillions to meet surging demand, but with ...
OpenAI’s extraordinary private valuation of $500 billion simply wasn’t enough. After completing its restructuring into a for-profit corporate entity this week, Reuters reports that OpenAI is already ...
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 ...
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business ...
It’s official: OpenAI is now a bona fide for-profit corporation. On Tuesday, the ChatGPT maker announced that it had restructured its for-profit arm into a public benefit corporation, a type of ...
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