News

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 ...
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's next funding round could drop to $30B if for-profit conversion delayed: report
The next funding round for OpenAI, the generative artificial intelligence startup backed by Microsoft (NASDAQ:MSFT), could be ...
California Bill to Block OpenAI's For-Profit Move Gutted (1)
California legislation that would have blocked OpenAI Inc. from converting to a for-profit entity was quietly gutted by the ...
Blockonomi12h
OpenAI Countersues Elon Musk, Alleges Attempted Hostile Takeover
OpenAI countersues Elon Musk, revealing emails that show he pushed for profit conversion while demanding CEO position and ...
NBC Chicago10d
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
OpenAI's massive private funding round could be slashed by as much as $10 billion if the company doesn't restructure into a for-profit entity by Dec. 31, CNBC has confirmed. The full size of the ...
Seeking Alpha10d
OpenAI's next funding round could drop to $30B if for-profit conversion delayed: report
The next funding round for OpenAI, the generative artificial intelligence startup backed by Microsoft (NASDAQ:MSFT), could be cut by as much as $10B if its conversion into a for-profit entity is ...