Apple reportedly pulls out of OpenAI’s $6.5 billion funding round
A Wall Street Journal report on Saturday stated that Apple has "fallen out of talks to join the funding round." The tech ...
The Financial Express1h
OpenAI to restructure, transfer control from non-profit board and grant equity to Sam Altman
As part of the restructuring, OpenAI’s CEO, Sam Altman, is set to receive equity in the for-profit company for the first time ...
sambadenglish2h
Apple pulls out from OpenAI’s potential $6.5 billion funding round
As Sam Altman-run OpenAI prepares to close a potential $6.5 billion funding as early as next week, Apple has reportedly ...
OpenAI reportedly plans to ditch its nonprofit mission with CEO Sam Altman said to be in line to make billions
According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a ...
OpenAI Is Growing Fast and Burning Through Piles of Money
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...
Sam Altman denies reports he will get a gargantuan equity stake in OpenAI as it restructures
OpenAI may be changing to a for-profit company, but according to CEO Sam Altman, that doesn’t mean he’s about to strike it ...
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned ...
Sam Altman told OpenAI employees he doesn't expect a 'giant equity stake'
As OpenAI considers a for-profit structure, chief executive Sam Altman has reportedly told employees he doesn’t plan to get a ...
OpenAI is facing turmoil over its values but its CFO remains confident AI will be a ‘cornerstone’ for a resilient democracy
In addition to leading finance, Friar seeks to keep human connection, similar to what she facilitated at Nextdoor, at the forefront of OpenAI. She is part of an ongoing dialogue on technology, ...
Sam Altman is setting himself up for a massive $10 billion payday as more OpenAI executives head for the exit
Sources tell Bloomberg that OpenAI could grant Altman a 7% equity stake in the company, which could potentially lead to a $10 billion infusion of wealth for the 39-year-old CEO. Altman’s net worth is ...
OpenAI Chief Technology Officer Mira Murati and 2 other execs are leaving the ChatGPT maker
A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year says she’s leaving the artificial intelligence company ...
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
While OpenAI already has a for-profit division, where most of its staff works, it is controlled by a nonprofit board whose mission is to help humanity.