The SEC is investigating OpenAI with a focus on whether investors were misled by CEO Sam Altman's communications.

Internal records have been requested from current and former OpenAI officials and directors as part of the investigation.

OpenAI is contending with legal issues including a copyright infringement lawsuit from The New York Times and regulatory scrutiny in the UK and Europe, particularly concerning its ties with Microsoft.

The New York Times alleges that OpenAI's claim of the newspaper using deceptive prompts to reproduce copyrighted material is 'bizarre'.

OpenAI, recently valued at $80 billion, is facing a series of challenges despite its significant valuation.

Neither OpenAI nor Microsoft has publicly commented on the SEC investigation.

OpenAI's management is focusing on governance and mission oversight to align with the goal of ensuring AI benefits humanity.