OpenAI is making moves toward becoming a for-profit company
OpenAI is in preliminary talks with the California attorney general's office about the process to become a for-profit company, Bloomberg reported.
OpenAI in talks with California to become for-profit company, Bloomberg News reports
Sam Altman-led OpenAI is in early talks with the California attorney general's office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter.
OpenAI said to be in early talks with regulators to become for-profit business
OpenAI is looking at turning into a for-profit business from its current nonprofit structure, sources familiar with the matter told Bloomberg, for which the $157B startup has begun preliminary talks with the California attorney general's office.
OpenAI in regulator talks to become for-profit company
OpenAI is advancing in its bid to transform the non-profit structure of the US$157 billion company into a for-profit business by having preliminary discussions with regulators.
OpenAI Considers Shift to For-Profit Model, Engages with California Officials in Early Talks
OpenAI, led by CEO Sam Altman, is in early discussions with Californias attorney general to potentially transition into a for-profit entity. The change could attract new investors, marking a shift from OpenAIs
ChatGPT parent OpenAI in talks with California to become for-profit company: report
Sam Altman-led OpenAI is in early talks with the California attorney general’s office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter.
Reuters2h
Devon Energy beats third-quarter profit estimates on higher production
Nov 5 (Reuters) - Oil and gas firm Devon Energy (DVN.N), opens new tab beat third-quarter profit estimates on Tuesday, as ...
Marqeta's Q3 TPV Jumps 30%, Profit Falls
Marqeta reported a solid Q3 2024 with notable growth in processing volume, though profitability challenges remain.
Saudi Aramco Profit Falls on Refining Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 ...
Insurer Prudential's nine-month profit rises on strong performance by segments
Prudential PLC , posted a 11% rise in new business profit for the first nine months of fiscal 2024 on Wednesday, as the ...
Amazon Reports Record $15.3 Billion Profit
Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed ...
Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls
Berkshire also reported a 6% decline in quarterly operating profit, largely the result of higher insurance underwriting ...
Reddit Hits First Profit as AI Drives Explosive Growth
The platform's AI translation feature enables posts to be converted between languages, including English, French and Spanish.
The Associated Press on MSN6d
Reddit’s explosive user growth and AI tools help it soar to its first profit as a public company
The social platform claimed a profit of $29.9 million for the period ending in September, and reported sales of $348.4 ...
Amazon Keeps Profit Margins in Orbit
The e-commerce giant’s strong operating earnings are offsetting a huge jump in AI spending and countering worries of ...
WREG11h
Memphis non-profit offers hope and healing for domestic violence survivors
Every Tuesday as part of our Greater Memphis on a Mission series, we highlight organizations making Memphis better. This week ...
Prudential’s nine-month profit rises on strong performance
PRUDENTIAL on Wednesday posted a 11 per cent rise in new business profit for the first nine months of fiscal 2024, as the ...