OpenAI announces plan to transform into a for-profit company
Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate ...
Elon Musk’s xAI raises $6B to bolster battle against OpenAI: ‘Gonna need a bigger compute!’
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...
OpenAI’s legal battle with Elon Musk reveals internal turmoil over avoiding AI ‘dictatorship’
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial ...
OpenAI hits back at Elon Musk lawsuit, says he suggested for-profit entity
OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a ...
OpenAI publishes more of Elon Musk's internal emails showing he originally favored a for-profit structure
OpenAI published screenshots of Elon Musk's old emails in which the billionaire was pushing a for-profit business structure.