CNBC's Becky Quick reports on the latest news.

The tension between creating technology for humanity's sake and collecting a profit is coming to a head for the creator of ...

Kirk Boodry of Astris Advisory says SoftBank's strategy around generative AI, which targets downstream companies, needs to be ...

OpenAI's chief technology officer, Mira Murati, and top researchers, Barret Zoph and Bob McGrew, announced their resignations ...

Back in 1993, Blue Cross of California converted from a nonprofit entity by transferring its assets to a for-profit ...

Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.

Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.

The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...

Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information ...

The belief is so prevalent that it was mocked on HBO’s “Silicon Valley,” in a montage of startup founders all promising to ...

As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...

The move of OpenAI from non-profit to for-profit has stoked much controversy. This debate largely took place between two key ...