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 reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI has detailed its plans for a new corporate structure that would separate ... thrusting its nonprofit governance into the spotlight. While Altman was ousted for a few days, he returned ...
OpenAI plans to raise $40 billion to boost its AI efforts
OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group 9984.T at a $300 billion valuation to advance AI research, expand computational infrastructure and ...
OpenAI says it’ll release o3 after all, delays GPT-5
OpenAI says that it plans to release both o3 and a next-generation successor, o4-mini, in weeks, following by GPT-5 a few ...
An AI ‘gold rush.’ What to know about OpenAI’s record $40-billion funding round
The investment was the highest ever raised for a startup and places OpenAI at a $300-billion valuation, tied with TikTok ...
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Is the AI Bubble About to Burst?
OpenAI loses $2 for every $1 earned and faces $14B annual losses by 2026. A 25X revenue boost is needed, fueling concerns ...
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OpenAI bags $40B in funding, increasing its post-money valuation to $300B
OpenAI has closed on one of the largest-ever ... The company currently operates under an unusual hybrid structure, where the original nonprofit organization owns and operates a capped-profit ...
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OpenAI’s o3 Reasoning Models Are Extremely Expensive to Run
In December, OpenAI’s o3 reasoning model became the first A.I. system to pass the test with an 87.5 percent score. But that win didn’t come without a price. At the time, the Arc Prize ...