Both companies were back at it on Tuesday, announcing deals that once again added billions in value to public companies.

When OpenAI launched its TikTok-like Sora app, a key feature was "Cameo" that allows people to add any likeness to videos ...

Complex restructuring pays Microsoft handsomely but it’s unclear how other shareholders will fit into the AI love-in ...

Today’s Forbes Daily newsletter covers Nvidia's premarket boost, Apple joins the $4 trillion club, consumer confidence ...

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure ...

OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit ...

Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.

OpenAI has since gone on a deal spree with a host of other major tech players leading to speculation that an AI bubble may be ...

This is an audio transcript of the FT News Briefing podcast episode: ‘OpenAI’s long-awaited restructuring deal’ Good morning ...

The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

The artificial intelligence company said the nonprofit that controlled the organization would receive a $130 billion stake in ...