OpenAI's Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week's deal with Microsoft allows the ...

Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...

Plus: OpenAI has unveiled estimates of how many of ChatGPT's weekly users are experiencing severe mental health symptoms ...

By far the most finicky part of OpenAI’s necessary conversion into a for-profit company was reconciling its convoluted ...

The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

Microsoft and OpenAI on Tuesday said they had reached a deal to allow the ChatGPT maker to restructure itself into a public ...

As part of the new agreement, Microsoft holds a $135 billion stake in the for-profit OpenAI business public benefit ...

Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions ...

OpenAI has completed its restructuring into a nonprofit with a controlling equity stake in its for-profit business. The ...

CleanSpark, a Las Vegas-based bitcoin miner, is getting into the booming AI data center business, and rivaling big tech's ...