CNBC’s MacKenzie Sigalos reports on why OpenAI is pulling the plug on its once-viral video app as it redirects compute and ...

There is a rush to invest in the fastest-growing private companies before they go public, despite legal and financial risks.

As the ChatGPT-maker eyes an IPO, it's ditching Sora in favor of a unified AI assistant and enterprise coding tools.

OpenAI is on track to raise $120 billion in a funding round backed by a broad mix of investors, CFO Sarah Friar said Tuesday ...

The artificial intelligence start-up has pulled the plug on the video-making tool as it rethinks spending ahead of a possible ...

Credit: Shutterstock / Sora is dead. OpenAI debuted the sequel version Sora 2 just this past fall, even if it proved to be ...

OpenAI warned investors that its heavy dependence on Microsoft Corp. for "a substantial portion of our financing and compute" ...

The market for initial public offerings has been depressed for the last four years — but ironically, the expected mega-IPOs ...

Before Disney's AI-generated versions of Mickey Mouse, Darth Vader and more hit OpenAI's Sora, the AI company abruptly pulled ...

OpenAI surprised everyone by announcing it would discontinue Sora, its popular and controversial generative AI video app.

The decision stunned Disney executives, who just 30 minutes earlier had been meeting with OpenAI teams about Sora's future, ...

OpenAI just got even bigger in the private market. The company is adding another $10 billion to its fundraising haul, taking ...