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’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...
ChatGPT stopped functioning for many users on Thursday afternoon, with OpenAI saying that its AI app was experiencing ...
OpenAI has other AI tools like Sora, which quickly creates videos from text prompts. Another, Whisper, transcribes and ...
Washington Examiner on MSN5h
OpenAI expands DC numbers as they expect friendlier reception by Trump administrationThe addition of tech scions Elon Musk and David Sacks to the Trump administration has driven enthusiasm around OpenAI that ...
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