SoftBank approved a $22.5 billion installment to OpenAI, contingent on the company transitioning to a for-profit structure.

The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...

The new sites will boost Stargate’s planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.

SoftBank Group Corp, the whale that has fattened the wallets of many wealthy Asians, is back to tease with high-yielding ...

Sam Altman’s concessions to win approval from US officials expose his company to litigation and non-profit oversight ...

The IPO preparations follow a restructuring of OpenAI completed on October 28 that reduced the company’s reliance on ...

BANGKOK (AP) — Japanese technology giant SoftBank Group plans to take a $2 billion stake in computer chip maker Intel as it ...

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

This week, the OpenAI chief executive unveiled plans to push the company toward a trillion-dollar infrastructure buildout, an ...