SMILE specialist Vijay Kedia just bought a substantial stake in a microcap SME stock. The market isn’t just watching; it is ...
TOKYO (AP) — Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It also reported its profit nearly tripled in the ...
OpenAI has completed its restructuring into a nonprofit with a controlling equity stake in its for-profit business. The nonprofit holds an equity stake currently worth about $130 billion in its ...
OpenAI has completed a restructuring of the company that now leaves it broken into two distinct businesses: a non-profit called the OpenAI Foundation, and a for-profit called OpenAI Group PBC.
OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly a year to negotiate, removing a major uncertainty for both companies and ...
OpenAI has completed its for-profit recapitalization and converted its for-profit arm into the OpenAI Group Public Benefit Corporation, which remains controlled by the nonprofit foundation. Under the ...