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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.
OpenAI Bids To Shift to For-Profit Company
OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-p
Is OpenAI Shifting Focus From Purpose To Profit?
When a company transitions from purpose to profit, people and planet-oriented priorities tend to fall short. Does it have to be that way?
Shift toward for-profit structure puts OpenAI's corporate soul at risk
OpenAI is closing in on raising $6.5 billion — the largest venture capital raise in history. But in order to do so it looks like it will need to do the Delaware equivalent of selling its soul — it will have to overhaul its governance structure so that it's no longer controlled by a nonprofit organization.
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.
20m
Apple reportedly backs out of OpenAI funding round
In a short-lived will-they-won't-they love story to rival the likes of Heathcliff and Catherine, Apple is reportedly no ...
16h
OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
1h
on MSN
1 Artificial Intelligence (AI) Stock-Buyback Stock to Buy Hand Over Fist, and 1 to Avoid (for Now)
Apple and Nvidia have both announced major share buyback programs, but I see one of these artificial intelligence (AI) ...
2d
on MSN
OpenAI exec Mira Murati says she's leaving artificial intelligence company
A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year said she's ...
18h
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.
17h
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 ...
22h
on MSN
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned ...
7h
Better Artificial Intelligence (AI) Stock: Microsoft vs. Oracle
Microsoft and Oracle are top cloud computing stocks that benefit from the proliferation of AI services in the cloud.
13h
OpenAI reportedly plans to ditch its nonprofit mission with CEO Sam Altman said to be in line to make billions
According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a ...
1d
OpenAI pushes limits of tech pivoting
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
3d
OpenAI's Altman sees 'superintelligence' just around the corner - but he's short on details
Altman's essay runs counter to intellectual critiques of AI's limitations and worries about environmental and social ...
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