After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major ...

OpenAI said Monday its nonprofit wing will keep control over for-profit operations after initial plans to convert the company ...

European Commission's Vice President Teresa Ribera reiterated Microsoft President Brad Smith's reassurance of his company's ...

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of ...

OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other ...

In a surprising turn, ChatGPT creator OpenAI will remain under nonprofit control, reversing plans for a for-profit transition ...

Microsoft Corp. surprised Wall Street with strong earnings last week, reflecting growth in its Azure cloud-computing division. Notably, the company did better than cloud rivals Amazon Web Services and ...

UBS analysts noted this was the second consecutive quarter that combined sequential dollar growth was up more than 10%.

The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder ...

Open AI announced today that it would no longer seek to restructure itself as a for-profit company after discussions with ...

CEO Sam Altman published a letter announcing the plan on Monday.