Elon Musk's net worth is down $60 billion this year. However, he remains the world's richest man because of Tesla.

OpenAI CEO Sam Altman has expressed reservations about leading the company should it go public, citing a mismatch between his ...

OpenAI CEO Sam Altman said the company could invest trillions in AI infrastructure, exploring novel financing methods to fund ...

OpenAI CEO Sam Altman ruled out an imminent IPO, saying he isn’t suited to lead a public company, despite trillion-dollar ...

OpenAI is reportedly exploring a major secondary stock sale that could see its current and former employees cashing out ...

Parag Agrawal, the former CEO of Twitter, has returned with a new venture called Parallel Web Systems. Founded in 2023, the ...

The pandemic demand boom and near-zero interest rates once sent software companies' valuations soaring. Now, the landscape is shaped by a higher cost of capital and rapidly evolving AI technology.

Anthropic is nearing a deal to raise as much as $5 billion in a new round of funding that would value the artificial ...

OpenAI employees and former staffers apparently plan to sell up to $6B worth of shares to an investor group, which will propel the company's valuation to a staggering $500B, according to Bloomberg.

C urrent and former staff of Microsoft-backed OpenAI intend to sell roughly $6B worth of stock to an investor group comprised of Thrive Capital, Dragoneer Investment, and SoftBank ...

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank Group Corp. and Dragoneer Investment Group, in a ...

Lovable, a Swedish artificial intelligence startup, made a big splash in July when it called itself the “fastest-growing startup” in the world. Its chief executive says that isn’t stopping.