OpenAI is renegotiating its contract with Microsoft to facilitate a future IPO, focusing on equity for Microsoft's $13 ...

OPENAI and Microsoft are rewriting terms of their multibillion-dollar partnership in a negotiation designed to allow the ...

Universal Music Group , the world's biggest music label, said on Monday it has appointed Matt Ellis as its new chief financial officer.

The companies also are rewriting the terms of a wider contract that was drafted when Microsoft and OpenAI first unveiled an ...

Details of the alleged deal could have considerable consequences for Microsoft, which currently has an agreement allowing it ...

The insurance product developed by Armilla, a start-up backed by Y Combinator, seeks to address growing concerns about AI's ...

Fidji Simo’s move to OpenAI was announced just days after the ChatGPT maker revealed it is scrapping its controversial plan ...

U.S. and China to pause most tariffs for 90 days, slash reciprocal rates. Amazon-backed Scale AI sets sights on Saudi ...

Software giant Microsoft and artificial intelligence firm OpenAI have reportedly entered talks to renegotiate their ...

Microsoft has poured more than $13 billion into OpenAI, ChatGPT’s creator, making it the startup’s biggest investor. But now, ...

The ongoing discussions could transform OpenAI's setup, shifting it from its original nonprofit research focus to a mixed ...