OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...

After almost a year of negotiations, OpenAI announced Tuesday that it has completed its restructure to a public benefit corporation, with a separate nonprofit Foundation focussed on “health and curing ...

The artificial intelligence company said the nonprofit that controlled the organization would receive a $130 billion stake in the new company. The artificial intelligence company said the nonprofit ...

Jake Peterson is Lifehacker’s Tech Editor, and has been covering tech news and how-tos for nearly a decade. His team covers all things technology, including AI, smartphones, computers, game consoles, ...

Discover how gross, operating, and net profits differ for evaluating a company’s financial health. Learn what sets these ...