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OpenAI details plans to turn 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."
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization would receive shares in the new company.
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.
Parents of OpenAI whistleblower seek answers
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."
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 conducted
Parents of OpenAI whistleblower seek answers after his death
The family of Suchir Balaji, a former OpenAI engineer and whistleblower, is seeking answers following his death on November 26, 2024. According to ABC7 News, Balaji, aged 26, was found deceased in his San Francisco apartment,
11h
on MSN
OpenAI pivots to for-profit model to secure massive AI funding
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
2d
Leaked Documents Show OpenAI Has a Very Clear Definition of ‘AGI’
But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...
1d
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 ...
1d
OpenAI defends for-profit shift as critical to sustain humanitarian mission
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...
2d
on MSN
OpenAI's ChatGPT recovers after being hit with outages. Here's what to know.
ChatGPT stopped functioning for many users on Thursday afternoon, with OpenAI saying that its AI app was experiencing ...
1d
OpenAI's o3 isn't AGI yet but it just did something no other AI has done
To demonstrate we are still not at human-level intelligence, Chollet notes some of the simple problems in ARC-AGI that o3 can ...
2d
on MSN
OpenAI and Microsoft have put a price tag on what it means to achieve AGI: report
The companies reportedly signed an agreement last year that defined AGI as a system that can generate $100 billion in profits ...
1d
on MSN
OpenAI Wants to Create a ‘Public Benefit Corporation.’ Here’s What That Means.
OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the ...
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