OpenAI will remain under the control of a non-profit, the startup at the heart of the generative artificial intelligence boom said on Monday, months after it outlined plans to revamp its structure ...

OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming AI adoption.

An OpenAI social network could also put the company in direct competition with Facebook-owner Meta , opens new tab, which is reportedly working on a standalone Meta AI service.

OpenAI expects about $3.7 billion in sales this year, according to financial documents reviewed by The New York Times. OpenAI estimated that its revenue would reach $11.6 billion next year.