Negotiations between Microsoft and OpenAI over the startup’s plan to restructure its for-profit unit, which requires ...

OpenAI seeks $300 billion valuation in public-benefit corporation transition ... It also needs to satisfy its private investors, who are vying for the largest possible stake in the new company.

OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware ... But it could also throw a wrench into OpenAI’s future plans, particularly if the company seeks to ...

CEO of iyO won restraining order forcing Sam Altman-led group to pull marketing materials about $6.4bn venture ...

OpenAI announced Monday that it has closed a record-breaking $40 billion funding round led by Japan’s SoftBank Group, setting a new benchmark for private capital in the tech sector.

SoftBank seeking co-investors for a quarter of its $40 billion funding of OpenAI Last Updated: April 1, 2025 at 6:47 a.m. ET First Published: April 1, 2025 at 5:11 a.m. ET Share ...

OpenAI escalated its legal battle with Elon Musk by countersuing the Tesla and xAI CEO, claiming he "has tried every tool available to harm" the company.

OpenAI’s goal is to convert its for-profit subsidiary into a public-benefit corporation, a move that would value the company at $300 billion, matching the valuation from its most recent funding round.