OpenAI’s nonprofit arm showed revenue of $45,000 last year, even though company is worth billions

OpenAI’s nonprofit branch disclosed a modest revenue of $45,000 for the past year, a stark contrast to the company's staggering valuation of $86 billion, primarily attributed to the success of ChatGPT. The nonprofit's financial details surfaced through its 990 filing with the Internal Revenue Service (IRS), mandated for organizations...

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Sam Altman Officially Returns to OpenAI—With a New Board Seat for Microsoft.

In a significant development that marks a homecoming for one of its co-founders, Sam Altman has officially returns to OpenAI, a leading artificial intelligence research laboratory. What makes this announcement even more noteworthy is Altman's appointment to a new board seat, representing technology giant Microsoft. This strategic move not...

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OpenAI brings Sam Altman back as CEO less than a week after he was fired by board.

In a sudden and unexpected turn of events, OpenAI, the renowned artificial intelligence research laboratory, has reappointed Sam Altman back as CEO less than a week after he was dismissed by the board. The decision has sent shockwaves through the tech community, sparking speculation and curiosity about the circumstances...

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