During the World Economic Forum in Davos, Switzerland, the AI developer’s finance chief talked in detail about the company’s restructuring, Elon Musk’s legal actions and IPO best practices.

OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.

A version of this article originally appeared in Quartz’s Need to Know: Davos newsletter. To get updates on the World Economic Forum delivered straight to your inbox all week, sign up here.

The fallout from the seemingly overnight surge in interest around DeepSeek was swift, and severe: The company’s AI model, which it claims to have developed

We’ve just got to hope that it doesn’t decide to wipe us out. Not to worry you, but Geoffory Hinton, often referred to as the ‘Godfather of AI,’ recently upped his odds of technology wiping out humanity to 20%.

It's Musk vs Altman - again. But look away from the griping and sniping and the more interesting developments relate to Microsoft and OpenAI redefining their partnership.

Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.

Wale Edun, Nigeria’s minister of Finance and coordinating minister of Economy met Adebayo Ogunlesi, a Nigerian-born private equity

DeepSeek-R1, a new reasoning model made by Chinese researchers, completes tasks with a comparable proficiency to OpenAI's o1 at a fraction of the cost.

The US is expected to consume between 220 to 275 TWh of energy by 2026 to power its AI operations, which can power roughly 2.75 crore homes in India for an entire year.

On Tuesday, Anthropic CEO Dario Amodei predicted that AI models may surpass human capabilities "in almost everything" within two to three years, according to a Wall Street Journal interview at the World Economic Forum in Davos, Switzerland.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires that started on OpenAI’s board and is now testing