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OpenAI confirms plans to become a for-profit company
OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money
OpenAI CEO Sam Altman has said that his company was made “unusual” on purpose. Now, that unusualness is getting in the way of raising more money from investors. In a Friday blog post, the company behind the popular AI chatbot ChatGPT said its board is deep into planning how OpenAI will “become more than a lab and a startup” in 2025.
OpenAI lays out its for-profit transition plans
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a for-profit, accusing OpenAI of abandoning its original philanthropic mission. Musk has also alleged that OpenAI has deprived his own AI company, xAI, of capital by extracting promises from investors not to fund it.
OpenAI announces plan to transform into a for-profit company
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 into the hands of its for-profit arm.
2h
on MSN
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
7h
on MSN
ChatGPT isn't the only cool AI tool made by OpenAI — check out Sora, DALL-E, and more
OpenAI has other AI tools like Sora, which quickly creates videos from text prompts. Another, Whisper, transcribes and ...
4h
on MSN
OpenAI beefs up Washington presence with a pitch for energy and security
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.
Fast Company
1d
OpenAI pivots to for-profit model to secure massive AI funding
OpenAI
, one of the world’s most valuable startups, originally began in 2015 as a nonprofit focused on AI research. But as ...
6h
Mom of OpenAI Whistleblower Speaks Out on His Suicide Days After His Birthday
The mother of former OpenAI researcher and company whistleblower Suchir Balaji, who died by suicide, is speaking out about ...
6h
Parents of OpenAI whistleblower hire private investigator after death
Although it was determined a former OpenAI researcher known to be a whistleblower died by suicide in San Francisco, his ...
8h
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...
1d
Is ChatGPT Down? Users Report Problems With OpenAI Product
EST, the outages tracking website, showed that there were over 15,000 reports of OpenAI not working with a majority, 92 ...
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