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OpenAI outlines new for-profit structure
OpenAI announces plan to transform into a for-profit company
Going into 2025, OpenAI plans to become a Public Benefit Corporation (PBC), which is a for-profit company meant to operate for the good of society. This division will “run and control OpenAI’s operations and business,” while OpenAI’s nonprofit will retain a stake in the business but lose its oversight role.
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI confirmed it is working on a new company structure.Its current for-profit arm has been governed by a nonprofit board.OpenAI said its existing for-profit arm would become a public benefit corporation with ordinary shares of stock.
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
At issue were the implications such a move might have on whether OpenAI would allocate its assets to the nonprofit arm fairly, and how the company would strike a balance between making a profit and generating social and public good as it develops AI.
Parents of OpenAI whistleblower hire private investigator
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 parents have reportedly hired an expert to perform an independent autopsy.
OpenAI whistleblower's mother wants suicide death investigation reopened
OpenAI whistleblower Suchir Balaji's death was ruled a suicide — but his family is calling on police to reopen their investigation, saying it "doesn't look like a normal situation."
OpenAI whistleblower death: Parents want to know what happened to Suchir Balaji after apparent suicide
In an interview this week, Suchir Balaji’s mother and father expressed confusion and shock over his sudden passing, expressing doubt their son could have died by suicide, as determined by the county medical examiner.
Thousands report outage with OpenAI chatbot and Sora
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 translates speech into text.
ChatGPT down: Thousands report outage with OpenAI chatbot and Sora
OpenAI’s much-used ChatGPT artificial intelligence chatbot is down, with scores of social media users reporting complaints. Others noted issues with OpenAI’s Sora video-generation model. “We are currently experiencing an issue with high error rates on ChatGPT,
ChatGPT & Sora Outage Resolved: OpenAI Updates Users!
OpenAI’s ChatGPT And Sora Faced A Brief Outage On December 26 Due To An Upstream Provider Issue! (Services Back Online).
1h
OpenAI Says It Needs More Money as the ChatGPT Maker Moves Toward For-Profit Structure
ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...
1h
on MSN
OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...
2h
To Further Its Mission of Benefitting Everyone, OpenAI Will Become Fully for-Profit
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...
Fast Company
19h
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 ...
Axios on MSN
6h
OpenAI confirms plans to separate its non-profit and for-profit arms
OpenAI
Chairman Bret Taylor speaks to Axios' Ina Fried at the recent Axios AI+ Summit in San Francisco. Photo: Chris ...
21h
on MSN
OpenAI works to restore access to ChatGPT and other services
OpenAI has confirmed it is working to restore access to a number of its services including its popular ChatGPT service, its ...
22m
Mom of OpenAI Whistleblower Who Died by Suicide Days After His Birthday Speaks Out
The family of former OpenAI researcher and company whistleblower Suchir Balaji has arranged for a second autopsy to be ...
Irish Star on MSN
22h
ChatGPT down as OpenAI investigates issues
OpenAI, the company behind ChatGPT, has confirmed it is investigating issues that users are experiencing with the AI as it ...
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Elon Musk
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