Apple is set to take on an observer role on the board of OpenAI following a major agreement between the two companies last month, Bloomberg reports, citing anonymous sources. Phil Schiller ...

Wall Street folks like to say the stock market looks “healthy” when a lot of different names are moving in the same direction. Just the same, commentators consider a top-heavy stock market ...

Dockworkers strike at the Bayport Container Terminal in Seabrook, Texas, on October 1, 2024. Officials at 14 ports along the US East and Gulf Coasts were making last-minute preparations on ...

Without OpenAI equity, Sam Altman is already worth $2 billion. Stefano Guidi/Getty Images The pressure to give Altman equity likely came from external investors. Fortune reported on last week that ...

As part of that partnership, Apple was previously in discussions to get a board observer role at OpenAI, although those plans were dropped, people familiar with the matter told Bloomberg.

Bret Taylor joined OpenAI's board in November following Sam Altman's brief ouster as CEO. Taylor told venture capitalist and podcaster Harry Stebbings that AI is in a bubble. The AI bubble ...

“We are ready to shift to offense mode,” he declared, adding his primary interest was playing a large role in ... told Observer via email. PitchBook estimates OpenAI is set to benefit from ...

OpenAI plans to restructure into a for-profit company, moving away from nonprofit board oversight. Key executives have also departed in recent months, citing concerns about OpenAI's future.

Altman’s role inside the company has also grown, less than a year after he was briefly fired by the OpenAI board over his management style and for pushing out new products too quickly.

Brad Gerstner, CEO and founder of Altimeter Capital, speaks Wednesday at the Madrona IA Summit in Seattle with Matt McIlwain, Madrona managing director. (GeekWire Photo / Todd Bishop) The news ...

On Monday, OpenAI kicked off its annual DevDay event in San Francisco, unveiling four major API updates for developers that integrate the company's AI models into their products. Unlike last year ...