OpenAI is considering transitioning from a nonprofit into a for-profit company, and its deep-pocketed benefactor, Microsoft (MSFT), has a lot to gain if the...
Khosla Ventures also participated in the funding round.Vinod Khosla, who cofounded Sun Microsystems, recently wrote in a lengthy post on his VC firm website...
Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be explosive as the company...
By Krystal Hu and Kenrick Cai(Reuters) - Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it...
By Krystal Hu and Kenrick Cai(Reuters) - Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it...
(Reuters) -OpenAI's chairman Bret Taylor on Thursday said the board has discussed whether to compensate CEO Sam Altman with equity but no decision has...
By Krystal Hu and Kenrick Cai(Reuters) -OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with...
Sam Altman told OpenAI's staff in a recent company-wide meeting that the startup's complex non-profit corporate structure is set to change — likely sometime...
