The transition to a PBC aligns OpenAI with competitors such as Anthropic and Elon Musk’s xAI, which have similar structures ...

Elon Musk's AI startup, xAI, has raised around $6 billion to expand its infrastructure and compete with OpenAI. O post Elon Musk’s AI startup receives massive investment to compete with ChatGPT ...

While I was excited about the prospects of a new industry with lots of competition, it increasingly is shaping up as a battle ...

OpenAI announces its move to a for-profit model in 2025, aiming to stay competitive in the AI space while maintaining its ...

Nvidia (NASDAQ: NVDA) is by far the leader in the space. Rival Advanced Micro Devices (NASDAQ: AMD), meanwhile, is trying to ...

The move is not unexpected. Reports that OpenAI plans to spin off its for-profit arm have been swirling since August. The ...

OpenAI's new structure aims to potentially make a more investor-friendly corporation, while maintaining a mission of funding a related charity ...

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation ...

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

Trading can be difficult, especially for novice traders, due to market volatility and price fluctuations. It can be hard for ...

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

In a series C investment round, Elon Musk's artificial intelligence venture xAI raised $6 billion. This adds to the $6 ...