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OpenAI details plans to turn into a for-profit company
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."
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.
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 artificial intelligence is coming to an end. The San Francisco company behind ChatGPT revealed Friday that it intends to become a public benefits company,
7h
OpenAI is Switching to a New For-Profit Model
In a recent blog post, OpenAI revealed plans to split into two entities: a Public Benefit Corporation (PBC) and a non-profit ...
1d
on MSN
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
At issue were the implications such a move might have on whether OpenAI would allocate its assets to the nonprofit arm fairly ...
23h
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 ...
22h
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.
The Information
1d
Microsoft and OpenAI Wrangle Over Terms of Their Blockbuster Partnership
OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a ...
2d
Sam Altman chats with users and reveals possible new ChatGPT features for 2025
OpenAI concluded 2024 with a bang, hosting a “12 Days” event of AI announcements mostly focused on ChatGPT. The ChatGPT o1 ...
4d
on MSN
A timeline of OpenAI's rocky 2024
OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with ...
7d
on MSN
OpenAI is done with Shipmas and staring down daunting challenges for 2025
OpenAI on Friday wrapped up “12 Days of Shipmas,” closing out a marketing blitz for new features, products and demos, ...
13h
OpenAI's o3 reasoning model ignites AI hype among top influencers
Social media influencers have kicked off a fierce debate over OpenAI's new o3 reasoning model, with some of them raising ...
PCMag on MSN
6d
OpenAI CEO: Elon Musk Is a 'Legendary Entrepreneur' But 'Clearly a Bully'
Musk 'did a lot to help OpenAI in the early day,' Sam Altman says in an interview with The Free Press, but he 'likes to get ...
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