Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
OpenAI is laying the groundwork for an initial public offering that could value the company at up to around $1 trillion, ...
Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...
Microsoft reported a $3.1 billion net income hit due to its OpenAI investment, following the AI partner's recent recapitalization. Despite this, CEO S ...
The startup known for personalized celebrity videos is suing OpenAI for naming its virtual likeness feature "Cameo" in the ...
The software giant is giving longtime backer Microsoft a 27% ownership stake worth about $135 billion as part of the ...
Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on the cusp of a ...
To achieve this restructuring, Altman needed to renegotiate the terms of OpenAI’s agreement with Microsoft, its largest ...
Satya Nadella reveals that Bill Gates initial skepticism over $1 billion investment in OpenAI, citing its nonprofit structure ...
OpenAI CEO Sam Altman says the company expects to develop an intern-level AI research assistant by 2026 and a full-fledged AI ...
The feature, called Cameos, is part of a new set of features that OpenAI rolled out for its videogenerator tool Sora2. Cameos ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...