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OpenAI’s Complex Path to Becoming a For-Profit Company
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
OpenAI was a research lab — now it’s just another tech company
OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to avoid.
More OpenAI executives depart amid reports of for-profit restructuring
Two more OpenAI executives announced their departure from the artificial intelligence (AI) company Wednesday amid reports that the ChatGPT maker is considering restructuring into a for-profit
OpenAI plans to become a for-profit business — here’s what that means for the AI company
OpenAI doesn't want to be so open anymore. According to a new report, OpenAI — the organization that burst onto the scene with the release of its popular AI chatbot, ChatGPT, in 2022 — is looking to restructure into a for-profit company.
OpenAI pushes limits of tech pivoting
Artificial sweetener. In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue for guardrails to prevent everything from getting out of hand.
FINANCIAL SENSE
2h
OpenAI’s o1 Model: A Quantum Leap in AI Intelligence – Insights from Dr Alan D. Thompson
OpenAI's newest AI model, o1, released on September 12, 2024, has shattered expectations and redefined the landscape of ...
1d
OpenAI offers one investor a sweetener that no others are getting
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
2d
on MSN
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken ...
1d
Is OpenAI Shifting It’s Focus To Profits?
When a company transitions from purpose to profit, people and planet-oriented priorities tend to fall short. Does it have to ...
In Depth
2d
In Depth
Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
The company’s unusual structure, which gives full control of the for-profit subsidiary to the OpenAI nonprofit, was ...
1d
Apple no longer in talks to invest in OpenAI: report
Apple fell out of talks to invest in OpenAI's next funding round, which could raise as much as $6.5 billion, The Wall Street ...
1d
OpenAI Is Growing Fast and Burning Through Piles of Money
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...
7h
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and ...
1d
Anthropic's comms chief mocks OpenAI after cofounder's bizarre tweet about jacuzzis and the Middle Ages
Anthropic's head of communications took a jab at an OpenAI cofounder after a confusing tweet and a wild week.
3d
Why Is OpenAI Trying to Raise So Much Money?
The San Francisco A.I. start-up believes there is not enough computing power on Earth to build the artificial intelligence it ...
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