Microsoft reported strong quarterly earnings, with net income reaching $27.7 billion despite a $3.1 billion drag from its ...

OpenAI is laying the groundwork for an initial public offering that could value the company at up to around $1 trillion, ...

Microsoft reported a $3.1 billion net income hit due to its OpenAI investment, following the AI partner's recent ...

OpenAI is laying the groundwork for an initial public offering (IPO) that could value the company at up to around $1 trillion ...

Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on the cusp of a ...

Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.

OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1-trillion.

Microsoft CEO Satya Nadella recalls how investing $1 billion in OpenAI back in 2019 was considered a risky move — even by ...

The startup known for personalized celebrity videos is suing OpenAI for naming its virtual likeness feature "Cameo" in the ...

To achieve this restructuring, Altman needed to renegotiate the terms of OpenAI’s agreement with Microsoft, its largest ...

The feature, called Cameos, is part of a new set of features that OpenAI rolled out for its videogenerator tool Sora2. Cameos ...

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit roots and likely go public so it can finance CEO Sam Altman's ambitious ...