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OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.
Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.
OpenAI’s Complex Path to Becoming a For-Profit Company
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
Is OpenAI Shifting It’s Focus To Profits?
When a company transitions from purpose to profit, people and planet-oriented priorities tend to fall short. Does it have to be that way?
OpenAI was a research lab — now it’s just another tech company
I obviously won’t pretend it’s natural for this one to be so abrupt, but we are not a normal company,” Altman wrote. But it follows a trend of departures that’s been bu
OpenAI reportedly considering for-profit plans, but what would that be good for?
Even investors might not get much out of it Opinion Once upon a time, OpenAI was purely a non-profit. Really. It was established in December 2015 as a non-profit AI research organization. Now it appears increasingly likely that OpenAI will become a for-profit company.
2h
on MSN
Laws need to catch up to artificial intelligence's unique risks
OpenAI has spent the last year mired in scandal. The company's chief executive was briefly fired after the nonprofit board ...
22h
on MSN
OpenAI funding and restructuring plans renew pressure on AI’s top startup
The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...
2d
OpenAI offers one investor a sweetener that no others are getting
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
1d
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and ...
FINANCIAL SENSE
1d
OpenAI’s o1 Model: A Quantum Leap in AI Intelligence – Insights from Dr Alan D. Thompson
OpenAI's newest AI model, o1, released on September 12, 2024, has shattered expectations and redefined the landscape of ...
2d
OpenAI pushes limits of tech pivoting
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
2d
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 ...
2d
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.
3d
on MSN
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken ...
21h
on MSN
Meet Warren Buffett's Top Artificial Intelligence (AI) Stock, Which Has 32% Upside According to Dan Ives
Helping build Berkshire Hathaway into a near-trillion-dollar enterprise and co-founding the Giving Pledge charity are just a ...
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