Pam Bondi cast herself as an independent prosecutor who would keep politics out of the Justice Department if confirmed as ...

A new report on the financial performance of select state enterprises has revealed how they fared in the 2023/24 financial year, highlighting those that made profits and those that made ...

OpenAI has finally shared details about its plans to shake up its core business by shifting to a for-profit corporate structure. On Thursday, OpenAI posted on its blog, confirming that in 2025 ...

The company currently has a for-profit org controlled by a nonprofit, with a “capped profit” share for investors and employees. But in a blog post published Friday, the company says it plans ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control ...

OpenAI to become a public benefit corporation, to facilitate funding OpenAI stresses need for capital to fund research for restructuring Musk and Meta oppose OpenAI's switch to for-profit entity ...

The pattern, which has been backtested from 1957 to date, showed the strategy had a win ratio of 75.3% and a profit factor of ... The second exit would be a loss and would be executed if the ...

Financial statements lodged with the Australian Securities and Investments Commission reveal the Adelaide-based company’s after-tax profit increased to $184.5m in the year to June, up from $110 ...

Meanwhile, OpenAI released o1, its first AI model with reasoning capabilities, even as the feud between Sam Altman and Elon Musk over OpenAI’s creation of a for-profit subsidiary snares in court.

Profit margin for all these various subsectors of the financial services industry varies; whereas many financial services companies generate a revenue by charging a fee for their services ...