The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...

ChatGPT developer OpenAI has announced its new company structure. Non-profit status also plays a role in the new legal form.

Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction ...

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

OpenAI has announced a major restructuring of its corporate ... Similarly, Anthropic’s Claude series and Elon Musk’s xAI, ...

The restructuring isn’t without opposition. Last month, Elon Musk filed a motion to block OpenAI’s shift to for-profit status ...

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...

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

OpenAI has proposed a new for-profit structure by saying it would create a public benefit corporation to raise funds more ...

Encode, the nonprofit organization that co-sponsored California's ill-fated SB 1047 AI safety legislation, has requested permission to file an amicus brief in support of Elon Musk's injunction to halt ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...