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Business Maker of ChatGPT says it will remain under nonprofit control after all Published: May. 05, 2025, 1:59 p.m.

On Friday, ChatGPT -maker OpenAI unveiled its next-generation reasoning model, o3, as the successor to o1, capping off the company's 12 days of shipmas announcements. What Happened: On the final ...

ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a for-profit structure.

KEY TAKEAWAYS OpenAI has raised up to $40 billion in new funding from investors led by SoftBank Group, valuing the ChatGPT maker at $300 billion.OpenAI will not receive the whole amount pledged by ...

Microsoft CEO Satya Nadella, once OpenAI's strongest backer, is now embracing AI rivals like DeepSeek and building in-house models to reduce dependence on OpenAI and future-proof Microsoft's AI ...

OpenAI has raised up to $40 billion in new funding from investors led by SoftBank Group, valuing the ChatGPT maker at $300 billion. OpenAI will not receive the whole amount pledged by SoftBank if ...