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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.
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
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?
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.
27m
on MSN
OpenAI Gets $500 Million Investment From SoftBank
SoftBank is investing $500 million into OpenAI, the artificial intelligence company behind ChatGPT, The Information reported ...
1h
SoftBank to invest $500 million in OpenAI, The Information reports
SoftBank declined to comment, while OpenAI did not immediately respond. The company at the heart of the artificial ...
1d
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 ...
The Information
1h
Why Microsoft Will Likely Keep Its Iron Grip on OpenAI’s Future Profits; Newsom’s Strange AI Veto
As OpenAI nears a much-needed capital raise, some investors in the company have privately voiced hope that its largest ...
CNET
17h
'Superintelligent' AI Is Only a Few Thousand Days Away: OpenAI CEO Sam Altman
Altman predicts that with AI in the future, "We will be able to do things that would have seemed like magic to our ...
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 ...
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 ...
2h
SoftBank to invest $500 mln in OpenAI, The Information reports
Japanese telecom company SoftBank will invest $500 million in OpenAI's latest funding round, The Information reported on ...
Business Times
52m
SoftBank to invest US$500 million in OpenAI, The Information reports
JAPANESE telecom company SoftBank’s Vision Fund will invest US$500 million in OpenAI’s latest funding round, The Information ...
4h
on MSN
OpenAI's SearchGPT Set To Disrupt Google's Search Empire As Former Engineer Sounds Alarm On Deteriorating User Experience Amid Rising Competition
OpenAI‘s recent artificial intelligence-driven search engine, SearchGPT, is set to challenge Alphabet Inc (NASDAQ:GOOG) ...
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