During the World Economic Forum in Davos, Switzerland, the AI developer’s finance chief talked in detail about the company’s restructuring, Elon Musk’s legal actions and IPO best practices.

OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.

On Tuesday, Anthropic CEO Dario Amodei predicted that AI models may surpass human capabilities "in almost everything" within two to three years, according to a Wall Street Journal interview at the World Economic Forum in Davos, Switzerland.

Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the infrastructure project to build data centers for OpenAI in the U.S.

French AI startup Mistral, dubbed Europe's OpenAI, plans an IPO, not a sale, as it expands globally with over €1 billion raised since 2023.

In late 2023, OpenAI’s board of directors unexpectedly fired Altman as CEO. Nadella played a central role in helping Altman return to his post, at one point publicly offering to hire Altman and departing members of OpenAI’s team to create an AI unit within Microsoft. Altman was reinstated as CEO within five days.

“CMC’s AI-X strategy emphasizes integrating AI across urban management, public services, production, business operations, and everyday life applications. This initiative aims to support Ho Chi Minh City’s ambition of implementing the world’s first AI-powered city model.”

OpenAI Inc. Chief Financial Officer Sarah Friar characterized Elon Musk’s legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.

Meta's chief AI scientist predicts that in the next three to five years, we will enter the decade of robotics.

And if Trump follows through on his promises to impose widespread tariffs on imports and deport millions of immigrants, economists expect inflation could worsen — making it less likely the Federal Reserve will cut its key interest rate much this year.