Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction ...

The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...

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

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

OpenAI plans to transition from a non-profit to a for-profit company to address governance challenges and attract investment.

The hundreds⁠ of⁠ billions⁠ of⁠ dollars that major companies are now investing into AI development show what it will really ...

OpenAI is hoping — along with a variety of new hires entrenched ... While the company will have to compete with Musk’s xAI ...

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...

OpenAI has proposed a new for-profit structure by saying it would create a public benefit corporation to raise funds more ...

OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...

The new PBC structure aligns OpenAI with other AI startups, such as Anthropic and xAI, which have adopted similar models to ...