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OpenAI burned through $1.22 per dollar earned even after stripping out stock-based compensation
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Startups & Funding

OpenAI burned through $1.22 per dollar earned even after stripping out stock-based compensation

OpenAI pulled in about $5.7 billion in Q1 2026 revenue but still lost $1.22 for every dollar earned, putting its adjusted operating margin at minus 122 percent. The article OpenAI burned through...

The Decoder
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OpenAI opens Singapore AI lab as IMDA updates AI framework
Startups & FundingOpenAI

OpenAI opens Singapore AI lab as IMDA updates AI framework

OpenAI announced the opening of its first Applied AI Lab outside the US in Singapore, established through a partnership...

AI News
OpenAI could file confidential IPO paperwork within days
Startups & FundingOpenAI

OpenAI could file confidential IPO paperwork within days

OpenAI is preparing to go public and could file confidential IPO paperwork with the SEC within days, according to...

The Decoder
Sam Altman makes ‘mic drop’ offer to every Y Combinator startup
Startups & FundingOpenAI

Sam Altman makes ‘mic drop’ offer to every Y Combinator startup

Sam Altman announced that OpenAI will invest in every startup in the current Y Combinator class in exchange for tokens...

TechCrunch Startups
OpenAI barrels towards IPO that may happen in September
Startups & FundingOpenAI

OpenAI barrels towards IPO that may happen in September

OpenAI is reportedly preparing for an IPO that may occur in September, following the dismissal of Elon Musk's lawsuit...

TechCrunch AI
OpenAI barrels toward IPO that may happen in September
Startups & FundingOpenAI

OpenAI barrels toward IPO that may happen in September

OpenAI is reportedly preparing for an IPO that could occur in September, following the dismissal of Elon Musk's lawsuit...

TechCrunch AI
Startups & FundingOpenAI

Introducing OpenAI for Singapore

OpenAI announces a multi-year AI partnership initiative in Singapore focused on expanding AI deployment, developing...

OpenAI Blog
Jury Ruling in Musk Lawsuit Favors OpenAI
Startups & FundingOpenAI

Jury Ruling in Musk Lawsuit Favors OpenAI

A jury ruling in a lawsuit brought by Elon Musk against OpenAI has favored OpenAI, clearing the way for the company to...

AI Business
OpenAI bought a voice cloning startup famous for celebrity imitations
Startups & FundingOpenAI

OpenAI bought a voice cloning startup famous for celebrity imitations

OpenAI has acquired Weights.gg, a startup known for creating AI voice clones of celebrities. The six-person team now...

The Decoder
Sam Altman's personal investments face political scrutiny ahead of OpenAI's planned IPO
Startups & FundingOpenAI

Sam Altman's personal investments face political scrutiny ahead of OpenAI's planned IPO

Sam Altman's personal investments are facing political scrutiny as OpenAI prepares for its planned IPO. The article...

The Decoder
OpenAI Launches AI Consulting Company, Following Anthropic
Startups & FundingOpenAI

OpenAI Launches AI Consulting Company, Following Anthropic

OpenAI has launched a consulting company division to help enterprises navigate AI deployment challenges, following a...

AI Business
OpenAI's DeployCo subsidiary adopts Palantir's playbook, building a moat from workflows no lab can simulate
Startups & FundingOpenAI

OpenAI's DeployCo subsidiary adopts Palantir's playbook, building a moat from workflows no lab can simulate

OpenAI has established DeployCo, a majority-controlled subsidiary focused on consulting and implementation services to...

The Decoder
OpenAI's internal share sale minted roughly 75 multimillionaires who each cashed out the $30 million cap
Startups & FundingOpenAI

OpenAI's internal share sale minted roughly 75 multimillionaires who each cashed out the $30 million cap

OpenAI conducted a $6.6 billion internal share sale in October 2025 involving over 600 current and former employees,...

The Decoder
OpenAI launches DeployCo to help businesses build around intelligence
Startups & FundingOpenAI

OpenAI launches DeployCo to help businesses build around intelligence

OpenAI has launched DeployCo, a new enterprise deployment company designed to help organizations implement frontier AI...

OpenAI Blog
Microsoft was worried OpenAI would run off to Amazon and ‘shit-talk’ Azure
Startups & FundingOpenAI

Microsoft was worried OpenAI would run off to Amazon and ‘shit-talk’ Azure

Court documents from the Musk v. Altman trial reveal Microsoft's early concerns about OpenAI potentially defecting to...

The Verge AI
Musk v. Altman Evidence Shows What Microsoft Executives Thought of OpenAI
Startups & FundingOpenAI

Musk v. Altman Evidence Shows What Microsoft Executives Thought of OpenAI

Emails from a legal dispute between Musk and Altman reveal that Microsoft executives were skeptical of OpenAI's...

Wired AI
Elon Musk’s Last-Ditch Effort to Control OpenAI: Recruit Sam Altman to Tesla
Startups & FundingOpenAI

Elon Musk’s Last-Ditch Effort to Control OpenAI: Recruit Sam Altman to Tesla

Messages from 2017 reveal Tesla executives, including Shivon Zilis, discussed plans to create a rival AI lab that could...

Wired AI
How Elon Musk left OpenAI, according to Greg Brockman
Startups & FundingOpenAI

How Elon Musk left OpenAI, according to Greg Brockman

The article discusses the public revelation of negotiations between Elon Musk and OpenAI founders regarding Musk's...

TechCrunch AI
Greg Brockman Defends $30B OpenAI Stake: ‘Blood, Sweat, and Tears’
Startups & FundingOpenAI

Greg Brockman Defends $30B OpenAI Stake: ‘Blood, Sweat, and Tears’

OpenAI cofounder and president Greg Brockman revealed in federal court that he holds a significant individual stake...

Wired AI
Elon Musk calls himself a fool for giving OpenAI $38 million that became an $800 billion company
Startups & FundingOpenAI

Elon Musk calls himself a fool for giving OpenAI $38 million that became an $800 billion company

Elon Musk testified in court that he regrets his $38 million investment in OpenAI, which is now valued at $800 billion....

The Decoder

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