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

Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...

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

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 that could value the company at up to $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 CEO Satya Nadella recalls how investing $1 billion in OpenAI back in 2019 was considered a risky move — even by ...

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

The software giant is giving longtime backer Microsoft a 27% ownership stake worth about $135 billion as part of the ...

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

OpenAI CEO Sam Altman says the company expects to develop an intern-level AI research assistant by 2026 and a full-fledged AI ...