Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction ...

The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

OpenAI has announced a major restructuring of its corporate ... Similarly, Anthropic’s Claude series and Elon Musk’s xAI, ...

The hundreds⁠ of⁠ billions⁠ of⁠ dollars that major companies are now investing into AI development show what it will really ...

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...

OpenAI's new structure aims to potentially make a more investor-friendly corporation, while maintaining a mission of funding a related charity ...

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

The launch of the for-profit arm paved the way to the two multibillion-dollar funding rounds that OpenAI has closed since the ...

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...