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 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 Information1h
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 ...
OpenAI Loses CTO, Chief of Research and VP of Research in One Day
More news has become available on the recent departures of key staff from OpenAI, opening up questions of how the company ...
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 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 ...
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 ...
Business Times54m
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 ...
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) ...