AI reported that it had successfully raised US$6 billion (~RM26.88 billion) in funding during a recent Series C funding ...

AI, is taking its chatbot Grok beyond X's platform with the beta testing of a dedicated iOS application, as per a TechCrunch ...

The sovereign wealth fund of the Sultanate of Oman, Oman Investment Authority (OIA), has invested in Elon Musk’s artificial ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

Encode, the nonprofit org that co-sponsored California's ill-fated SB 1047 AI safety legislation, has requested permission to ...

According to Bloomberg, the number of people worth over $100 billion rose to 16 this year. Aside from Elon Musk, three others ...

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta ...

The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.

Elon Musk's recently incorporated xAI, OpenAI's main competitor Anthropic, and Inflection AI are all PBCs. This upcoming OpenAI PBC will run and control OpenAI for-profit's operations and business.

Under the new structure, OpenAI plans to convert its for-profit wing into a Delaware-based PBC, which will run and control ...

Under OpenAI’s current nonprofit structure, there is a cap on the returns that its backers can realize. Additionally, ...

SOME EXISTING PBCs Anthropic and xAI: OpenAI's rivals, Anthropic and Elon Musk's xAI have also adopted PBCs. Allbirds: ...