News

$25B-valued Chime files for an IPO, reveals $33M deal with Dallas Mavericks
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had ...
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OpenAI Restructures: What It Means for Corporate Growth and IPO
OpenAI is making headlines in 2025, but this time it's not about a new AI model – it's about significant internal changes ...
SoftBank Backs OpenAI's Benefit-Corp Shake-up
SoftBank (SFTBY) edges up 1.8% as it throws its weight behind OpenAI's plan to restructure as a public benefit corporation, ...
What OpenAI’s restructuring plan means for its corporate future
OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day ...
Microsoft may take lower equity in OpenAI to secure long-term access to ChatGPT models: Report
OpenAI is renegotiating its contract with Microsoft to facilitate a future IPO, focusing on equity for Microsoft's $13 ...
Former OpenAI CTO Mira Murati's $2B AI Startup Thinking Machines Lab Sets $50M Investment Minimum, Backed By Andreessen Horowitz And Sequoia Capital
Mira Murati, the former chief technology officer of OpenAI and a central figure behind ChatGPT, is launching her own AI ...
Week in Review: Instacart CEO heads to OpenAI
Welcome back to Week in Review! We've got lots of news for you this week: There were CEO shake-ups at Instacart and 11x; the ...