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Artificial intelligence startup OpenAI is preparing to file for an initial public offering as soon as next year that could give the company a market capitalization of $1 trillion, Reuters reported Wednesday,
Futurism on MSNOpinion
OpenAI Successfully Sheds Its Roots as an Ethical Non-Profit
OpenAI completed its restructuring into a for-profit public benefit corporation, untangling billions of dollars of investment.
ChatGPT maker OpenAI (PC:OPAIQ) is planning to go public in late 2026 or early 2027, targeting a massive valuation of $1 trillion to finance its
After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as a more traditional, for-profit company – a key step in its bid to secure billions more in capital to build cutting-edge artificial intelligence products.
OpenAI chief executive Sam Altman has unveiled on Thursday an audacious trillion-dollar plan to massively expand the company’s artificial intelligence infrastructure, signalling a decisive shift from a research-focused organisation to a large-scale commercial powerhouse.
OpenAI, the artificial intelligence pioneer behind ChatGPT, is reportedly preparing for an initial public offering (IPO) that could value the company at up to $1 trillion, according to a Reuters report citing
To top it all off, TSMC's stock is relatively well-priced compared to many of its AI peers. The company's shares have a price-to-earnings ratio of 31.5, which is nearly on par with the average P/E ratio of 31 for the S&P 500 index and far lower than the tech sector's 47 average.
Power without responsibility is the “harlot’s prerogative”, according to Rudyard Kipling, a quote that his cousin Stanley Baldwin would later use to describe the press barons. Today, it aptly sums up the behaviour of American technology giants,
TipRanks on MSN
‘We Will Be Keeping a Close Eye on OpenAI’: California on New Deal with Microsoft (MSFT)
Microsoft’s ($MSFT) updated restructuring deal with OpenAI (PC:OPAIQ), which will see the U.S. tech heavyweight take a 27% stake in a for-profit