Once friends and business partners, now rivals, Elon Musk and Sam Altman are dueling it out in a California Federal courtroom ...

The transition to a PBC aligns OpenAI with competitors such as Anthropic and Elon Musk’s xAI, which have similar structures ...

While I was excited about the prospects of a new industry with lots of competition, it increasingly is shaping up as a battle ...

OpenAI announces its move to a for-profit model in 2025, aiming to stay competitive in the AI space while maintaining its ...

From a valuation perspective, AMD is a modestly cheaper stock, trading at a forward price-to-earnings (P/E) ratio of 24 compared to nearly 31 for Nvidia. However, Nvidia has been growing its total ...

The move is not unexpected. Reports that OpenAI plans to spin off its for-profit arm have been swirling since August. The ...

OpenAI's new structure aims to potentially make a more investor-friendly corporation, while maintaining a mission of funding a related charity ...

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation ...

Trading can be difficult, especially for novice traders, due to market volatility and price fluctuations. It can be hard for ...

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

In a series C investment round, Elon Musk's artificial intelligence venture xAI raised $6 billion. This adds to the $6 ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...