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OpenAI outlines new for-profit structure
OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans for revamping into a for-profit company.
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock."
ChatGPT-Maker OpenAI Outlines Plans To Becoming For-Profit Company
ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting away from control by a non-profit -- an issue of contention for the artificial intelligence trailblazer.
OpenAI lays out plan to shift to new for-profit structure
OpenAI on Friday laid out a plan to revamp its corporate structure next year, saying it would create a public benefit corporation to manage its growing business and ease the restrictions imposed by its current non-profit parent.
OpenAI lays out its for-profit transition plans
OpenAI says its corporate structure must evolve to advance its mission of ensuring artificial general intelligence (AGI) — AI that can complete most tasks humans can — benefits all humanity. OpenAI currently has a for-profit org controlled by a nonprofit,
OpenAI admits it needs more cash for its for-profit vision
OpenAI is officially done pretending it can run like a charity. On Friday, the company announced it has finalized plans to transition into a public benefit corporation (PBC) as soon as possible next year,
OpenAI Says It Needs More Money as It Plans to Go For-Profit
OpenAI is making a big change to fund its future. By 2025, it plans to become a Public Benefit Corporation, combining for-profit operations with a nonprofit arm focused on education, healthcare, and science.
OpenAI may become a for-profit because it needs 'more capital than imagined'
OpenAI has revealed a plan to restructure its operations and more cleanly separate the for-profit and non-profit arms of its business as it seeks to raise more cash.
2d
Elon Musk Vs. Sam Altman: Inside The Feud Over OpenAI And ChatGPT
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
The Information
18h
Microsoft and OpenAI Wrangle Over Terms of Their Blockbuster Partnership
OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a ...
Anadolu Ajansi
1d
Where artificial intelligence is headed: Trends, expectations for 2025, beyond
Trends like multimodality, AI agents, and work towards artificial general intelligence are poised to redefine industries and ...
6d
on MSN
Sam Altman calls Elon Musk a ‘bully’ who enjoys getting into fights with fellow billionaires
Sam Altman called Elon Musk a “bully” for his continued criticism of and several lawsuits against OpenAI, the organization ...
EconoTimes
2d
Sam Altman Says Superintelligence Will Ignite a 10X Boom in AI Breakthroughs Transforming the Future of Innovation
Sam Altman envisions a world where superintelligence propels AI innovation 10x faster than expected, transforming global progress and redefining humanitys future. Early Arrival of AGI Sparks Debate ...
12d
Sam Altman Opted Out of Equity Stake In $157 Billion OpenAI, Prioritizing 'Dream Job' Over Wealth
OpenAI's CEO Sam Altman has made a surprising revelation. He chose not to take any equity in the company when it was ...
Cryptopolitan on MSN
2d
How OpenAI cemented its place on a rocky road in 2024
OpenAI had a challenging journey in marking itself as a prominent force in Artificial Intelligence. However, major milestones ...
3d
on MSN
A timeline of OpenAI's rocky 2024
OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with ...
3d
Sam Altman-Backed Nuclear Power Startup Oklo Receives Outperform Rating From Wedbush Amid 'AI Revolution' Buzz
OpenAI CEO Sam Altman-backed nuclear power startup Oklo Inc. received an outperform rating from Wedbush Securities, marking ...
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