OpenAI Restructures to Become a More Traditional For-Profit Company

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

PayPal signs deal with OpenAI to embed payment system into ChatGPT

ChatGPT users will soon have a new way to buy products using the generative artificial intelligence bot, thanks to a ...

OpenAI unrolls commerce deals with Microsoft, PayPal

Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...

OpenAI Establishes For-Profit Company In Restructuring Change Involving Microsoft

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure ...
DatacenterDynamics

OpenAI completes for-profit move, Microsoft given 27% stake and $250bn Azure contract but no longer has cloud right of first refusal

This January, OpenAI announced Stargate, a $500bn joint venture with cloud provider Oracle (as well as SoftBank, OpenAI, and ...

OpenAI sued for trademark infringement over Sora's 'Cameo' feature

The maker of celebrity video platform Cameo sued OpenAI in a California federal court on Tuesday, arguing that the new "Cameo ...

PayPal raises earnings guidance after announcing OpenAI deal

PayPal Holdings Inc. raised its full-year earnings guidance and announced a tie-up with OpenAI to embed its digital wallet ...

OpenAI to US government: Invest more in energy capacity or else China…

ChatGPT-maker OpenAI urged the US government to significantly boost energy investment, warning of falling behind China in AI ...