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OpenAI outlines new for-profit structure
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 easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.
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 for-profit structure.
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock."
8h
on MSN
OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...
4h
Explainer: Why OpenAI plans transition to public benefit corporation
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...
7h
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 ...
7h
on MSN
OpenAI mulls restructuring
OpenAI is mulling a corporate restructuring designed to help coordinate the artificial intelligence developer’s nonprofit and ...
15h
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 ...
1h
on MSN
OpenAI to maintain charitable branch after shifting to for-profit
OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...
7h
on MSN
OpenAI company shifts its corporate structure, allowing it raise more capital
OpenAI’s time as a unique nonprofit tech company guiding one of the more transformative and well-known iterations of ...
20h
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 ...
8h
on MSN
OpenAI embraces for-profit model to chase AI dreams
Founded in 2015 as a research-focused non-profit, OpenAI has rapidly evolved into one of the world's most valuable startups.
5h
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 ...
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