Friar wrote in an email that OpenAI's funding round for $6.5 billion is ready to close soon and is already oversubscribed, ...

OpenAI CFO Sarah Friar is looking to reassure its investors that the company is still in a strong position after losing top talent this week.

Talk about staying above the fray. Even as the latest rash of senior executive departures from OpenAI sparks a fresh round of ...

Welcome to The Hill’s Technology newsletter{beacon} Technology Technology   The Big Story OpenAI execs depart amid reports of ...

A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken ...

OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...

OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.

Matt Knight, formerly head of security, will be OpenAI’s chief information security officer. And chief product officer Kevin ...

OpenAI is undergoing a significant restructuring, shifting control away from its nonprofit board to attract investors. CEO ...

OpenAI Chief Technology Officer Mira Murati — who has been instrumental in the development of ChatGPT and the artificial ...

The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.