CoreWeave plans to spend up to $23B in 2025 to meet AI demand from clients like Microsoft and OpenAI, raising investor ...

A group that opposed OpenAI's restructuring wrote in a letter this week that the startup's new organizational plan still does ...

OpenAI updated its plan to restructure itself into a public benefit corporation, or PBC, earlier this month, which could help ...

Group that opposed OpenAI's restructuring raises concerns about new revamp plan ... The Information reports OpenAI has told investors it will share a smaller fraction of revenue with major backer ...

The push to restructure reflects OpenAI’s growing business ambitions. Read more at straitstimes.com. Read more at ...

The shift is aimed at satisfying OpenAI’s investors and their commercial demands, but it still requires the approval of Microsoft, its biggest financial backer. One of the most critical issues ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely ...

CoreWeave stock rose as much as 2% after the market open Thursday after the company disclosed in a regulatory filing to the ...

On Monday, Sam Altman led OpenAI shared its pivot from transitioning fully to a public benefit corporation following legal pressure and investor concerns. OpenAI CEO Sam Altman emphasized that ...

OpenAI's decision to maintain nonprofit control sparks crucial negotiations with Microsoft, impacting their multi-billion ...

Nvidia-backed AI cloud company CoreWeave has seen shares soar over 100% since its IPO in March as investors' hopes for the AI boom outweigh concerns over its Nvidia-reliant business model.

While the ChatGPT owner still intends to form a public benefit corporation that’s meant to be more appealing to investors, the overall business would continue to be overseen by OpenAI’s ...