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.

Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500bn (€429bn) and giving it more freedom in its business operations.

The artificial intelligence company said that the nonprofit that controlled the organization would receive a $130 billion stake in the new company.

To top it all off, TSMC's stock is relatively well-priced compared to many of its AI peers. The company's shares have a price-to-earnings ratio of 31.5, which is nearly on par with the average P/E ratio of 31 for the S&P 500 index and far lower than the tech sector's 47 average.

Thinking Machines Lab challenges OpenAI’s scaling-first approach to artificial intelligence, arguing that true superintelligence will emerge from systems that can learn — not just compute.

AI companyy said the new browser is now available on Apple laptops that run on macOS and will expand to other platforms soon.

Amended lawsuit claims OpenAI relaxed ChatGPT’s self-harm safeguards before a teen’s suicide, intensifying scrutiny of AI safety and corporate accountability.