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OpenAI details plans to turn into a for-profit 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.
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 announces plan to transform into a for-profit company
OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control into the hands of its for-profit arm.
Parents of OpenAI whistleblower hire private investigator
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.
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.
1h
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.
1d
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 ...
22h
on MSN
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
19h
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 outlines new for-profit structure in bid to stay ahead in costly AI race
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...
1d
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 ...
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 ...
1d
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 ...
1d
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 ...
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