2025-05-06

OpenAI’s new for-profit plan leaves many unanswered questions

OpenAI has abandoned its controversial restructuring plan. In a dramatic reversal, the company said Monday it would no longer try to separate control of its for-profit arm from the non-profit board th [...]

2025-06-17

OpenAI awarded $200 million US defense contract for the use of its AI models

OpenAI has just launched an initiative called OpenAI For Government starting with a modest new contract. The company was awarded $200 million by the US Department of Defense (DoD) to develop "pro [...]

2025-04-09

Labor and nonprofit coalition calls on California AG to stop OpenAI from going for-profit

A group of organizations, including nonprofits like LatinoProsperity and labor groups like the California Teamsters, are petitioning California Attorney General Rob Bonta to stop OpenAI from becoming [...]

2025-05-21

OpenAI buys Jony Ive's design startup for $6.5 billion

OpenAI is buying Jony Ive's startup, io, for $6.5 billion, as first reported by The New York Times. The company confirmed the news in a blog post on its website headlined by the photo you see abo [...]

2025-04-10

OpenAI files countersuit against Elon Musk's 'bad faith' attacks

OpenAI has filed a countersuit against Elon Musk, accusing him of staging press attacks and malicious campaigns on "the social media platform he controls," as well as of making "harassi [...]

2025-06-06

Cursor AI Rockets to $9.9 Billion Valuation with Massive $900 Million Raise

In a striking show of investor confidence in the future of AI-powered software development, Anysphere, the company behind the AI code editor Cursor, has announced a monumental $900 million funding rou [...]

2025-02-14

OpenAI's board 'unanimously' rejects Elon Musk's $97.4 billion takeover bid

Elon Musk launched a $97.4 billion bid to take control of OpenAI. The Wall Street Journal reported a group of investors led by Musk's xAI submitted an unsolicited offer to the company's boa [...]

2025-01-31

OpenAI's o3-mini is here and available to all users

OpenAI’s latest machine learning mode has arrived. On Friday, the company released o3-mini and it's available to try now. What's more, for the first time OpenAI is making one of its " [...]

2025-03-18

AI coding startup Cognition AI behind Devin hits $4 billion valuation

Cognition AI has secured hundreds of millions in new funding at a nearly $4 billion valuation, with venture capital firm 8VC leading the round.<br /> The article AI coding startup Cognition AI b [...]