Sam Altman said that shares of OpenAI were in demand, and that the company was making a "bet" and "taking a risk along with that."

The OpenAI CEO is known for not backing down from conflict. Over the weekend, OpenAI cofounder and Tesla CEO Elon Musk took shots at Altman, alleging he “stole a non-profit.” Altman responded, “I helped turn the thing you left for dead into what should be the largest non-profit ever.”

ChatGPT and Sora creator OpenAI faces allegations of copyright infringement of Japanese IPs, including those of Square Enix and FromSoftware.

A Japanese trade organization representing publishers like Studio Ghibli wrote a letter to OpenAI last week, calling for the AI giant to stop training its AI models on their copyrighted content without permission.

The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup to woo investors and secure funds.

Ilya Sutskever, an OpenAI cofounder and the company's former chief scientist, detailed the merger talks in a recent deposition.

The S&P 500 and the Nasdaq advanced on Monday, with artificial intelligence-related deals driving much of the gains even as the Federal Reserve's near-term monetary policy grew increasingly foggy due to scarcity of official U.

Burchardi, UBS global head of equities, joins 'The Exchange' to discuss the state of the AI trade, OpenAI's business and much more.