The non-profit arm will retain a stake in the new ... strike a balance between pursuing social good and operating under a model that supports large-scale investment and sustained growth.

When you combine strong profit potential with lower failure rates, you set yourself up for long-term business success.

The December killing of UnitedHealthcare CEO Brian Thompson by alleged shooter Luigi Mangione just outside of the annual investor's conference in New York City has pulled the bandage off a gaping ...

OpenAI’s latest $6.6 billion funding round at a valuation of $157 billion hinged on whether the company could restructure its corporate model to remove a profit cap for investors. The board ...

In 2019, OpenAI aimed to move past its role as solely a research lab in hopes of functioning more like a startup, so it created a so-called capped-profit model, with the nonprofit still ...

In 2019, OpenAI aimed to act more like a startup, so it created a capped-profit model with the nonprofit still controlling the whole company. But now it is seeking out a more traditional for ...

Elon Musk’s AI startup, xAI, has launched its first standalone app for Grok, the chatbot designed to challenge giants like ...