OpenAI, Microsoft
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PayPal to Partner with OpenAI for ChatGPT Checkout
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Cameo sues OpenAI for using 'Cameo' as the name for its virtual likeness function in the Sora app
The startup known for personalized celebrity videos is suing OpenAI for naming its virtual likeness feature "Cameo" in the Sora app.
The company assured state officials that it would stay in California as it continues its global expansion, which could include a public offering as soon as 2027.
OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks to expand on its rapidly expanding artificial intelligence offerings.
OpenAI said it had completed a long-awaited restructuring, and Tesla’s chair has stepped up her campaign to win shareholder support for Elon Musk’s $1tn pay package. Plus, South Korea’s Kospi is the world's top-performing major stock index by far this year.
OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation.
The artificial intelligence company said that the nonprofit that controlled the organization would receive a $130 billion stake in the new company.
An applied researcher who moved from OpenAI to Meta Superintelligence Labs tells BI what it takes to get hired at a top AI lab.
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OpenAI clears restructuring hurdle, unlocking $40B SoftBank-led funding and setting stage for IPO
CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to report on OpenAI's newly finalized restructuring. Microsoft now holds a 27% stake worth $135 billion, while OpenAI commits $250 billion in future Azure spend and reshuffles IP rights in the updated partnership.