OpenAI was initially founded as a non-profit in 2015, and later converted to a "capped profit" model in 2019.

In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if th...

The company answered the billionaire’s offer in a legal filing, accusing him of hypocrisy.

Elon Musk and a group of investors made a $97.4 billion offer for the AI startup this week. Read More

The official letter of intent was filed in a federal California court on Wednesday. Read More

OpenAI is making clear that its AI models won’t shy away from sensitive topics, and will refrain from making assertions that might “shut out...

The mild-mannered entrepreneur finds himself at the center of an Elon Musk takeover drama for the second time. Read More

OpenAI has effectively canceled the release of o3, which was slated to be the company’s next major AI model release, in favor of what CEO Sa...

OpenAI’s o1 and DeepSeek’s R1 models, which previously sat atop the leaderboard, could only get through roughly 9% of the exam. Read More

Elon Musk’s $97.4 billion bid for OpenAI’s nonprofit assets has ignited a legal and financial showdown. Read More

Elon Musk's consortium has made headlines with a $97.4 billion offer to purchase OpenAI, the renowned AI entity behind ChatGPT. Despite the...

Tesla shares fell 7% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.

In a memo to OpenAI employees on Tuesday, CEO Sam Altman said the board hasn't received an official offer from Elon Musk regarding a potenti...

OpenAI CEO Sam Altman has dismissed Elon Musk's $97.4 billion offer to acquire the nonprofit controlling OpenAI, labeling the proposal as 'r...

OpenAI’s CEO claims the company has yet to receive an official offer from Elon Musk’s team, sources say.