Artificial intelligence giant OpenAI Group PBC is reportedly laying the ground work for an initial public offering that could value the company at $1 trillion. Reuters, refering to three people ...
After defeating legal challenges from Elon Musk and state regulators, OpenAI completed its controversial conversion to a for-profit structure, unlocking unprecedented capital for AI development. The ...
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 ...
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 ...
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’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 ...
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, ...
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