According to sources familiar with the matter, OpenAI is set to be converted into a for-profit company, the news agency ...

In its new product information, Samsung has reiterated that fees may be attached to AI by the end of next year.

The US software company OpenAI is forecasting an increase in revenue from an estimated 3.7 billion dollars in 2024 to 11.6 ...

Other firms, such as Microsoft and Nvidia, have also been in talks to participate in OpenAI's anticipated funding round.

Thrive Capital is investing over $1 billion into OpenAI's ongoing $6.5 billion fundraising round, and it has an incentive no ...

This price increase is driven by OpenAI's need to manage its growing expenses due to employee salaries, office rent & the ...

The AI Act, partially in effect since August 1, 2024, will be fully applicable in two years, with certain provisions being ...

Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from ...

Apple has unexpectedly pulled out of discussions to join a significant funding round for OpenAI, aiming to raise up to $6.5 ...

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AI companies are aware that hallucinations can derail GenAI’s attractiveness to businesses and are trying ways to reduce it.

Apple has joined hands with OpenAI to offer ChatGPT on Macs and iPhones but the company is not keen to invest in its future.