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OpenAI confirms plans to become 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 confirms plans to become a for-profit company as it looks to raise even more investor money
OpenAI CEO Sam Altman has said that his company was made “unusual” on purpose. Now, that unusualness is getting in the way of raising more money from investors. In a Friday blog post, the company behind the popular AI chatbot ChatGPT said its board is deep into planning how OpenAI will “become more than a lab and a startup” in 2025.
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would receive shares in the new company.
OpenAI responds to ChatGPT outage
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 translates speech into text.
Outage takes ChatGPT, Sora and OpenAI’s APIs offline for many users
OpenAI’s ChatGPT and Sora video generator are currently experiencing an outage that has made them inaccessible for many users. The issue also affects the application programming interfaces that developers use to integrate the company’s technology into their software.
OpenAI responds to major outage on ChatGPT, other applications
OPENAI CEO SAM ALTMAN LOOKING FORWARD TO WORKING WITH TRUMP ADMIN, SAYS US MUST BUILD BEST AI INFRASTRUCTURE "We're sorry for the trouble this is causing," the company wrote. "Wev
12h
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 ...
7h
on MSN
OpenAI beefs up Washington presence with a pitch for energy and security
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.
10h
OpenAI Says It Needs More Money as the ChatGPT Maker Moves Toward For-Profit Structure
ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...
10h
on MSN
OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...
5h
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 ...
3d
OpenAI’s Crucible Year: How 2024 Is Reshaping The Future Of AI
OpenAI's challenges in 2024 will shape the future of AI, setting precedence for AI regulation, AI governance and usage of ...
3d
on MSN
All the Cool New Features Announced During OpenAI’s 12 Days of ‘Shipmas’
Over the 12 Days of OpenAI, Sam Altman gave to us—lots of neat new AI tools, including some that could help you run your ...
4d
OpenAI trained o1 and o3 to ‘think’ about its safety policy
OpenAI announced a new family of AI reasoning models on Friday, o3, which the startup claims to be more advanced than o1 or ...
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Elon Musk
Artificial intelligence
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