OpenAI Proposes Giving the US Government a $42 Billion Stake to Defuse AI Regulation
Sam Altman just made Washington an offer it will struggle to refuse: a 5% equity stake in OpenAI, currently valued at roughly $42.6 billion, structured as…
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OpenAI news and analysis from BusinessTech News. Tracks the company's product launches (ChatGPT, GPT-5, Sora, Operator, agents), corporate moves (board changes, capital raises, the for-profit conversion), partnerships (Microsoft, Apple, SoftBank), legal fights (NYT lawsuit, copyright suits, regulatory probes), and the strategic decisions reshaping how generative AI gets distributed. Coverage of capability releases, safety announcements, and the executives, researchers, and investors driving the company's trajectory.
Sam Altman just made Washington an offer it will struggle to refuse: a 5% equity stake in OpenAI, currently valued at roughly $42.6 billion, structured as…
Anthropic leapfrogged OpenAI on this morning's CNBC Disruptor 50, claiming the top spot with…
Anthropic is in advanced talks for a $30 billion round at a $900 billion…
Ramp's April AI Index says Anthropic now sits at 34.4% of businesses to OpenAI's…
OpenAI CFO Sarah Friar told investors this week the company may need to raise…
OpenAI says Codex doubled in seven days. NVIDIA put it on 10,000 non-engineering staff.…
Elon Musk took the witness stand in Oakland Tuesday, accusing Sam Altman and OpenAI…
A Wall Street Journal report says OpenAI missed internal revenue and user-growth targets in…
OpenAI's GPT-5.5 shifts from chatbots to autonomous work agents with 78% task completion rates.…