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.
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OpenAI Set to Transition to Public Benefit Corporation to Fuel AGI Mission
OpenAI, the famous artificial intelligence research organization, is undergoing a significant transformation to enhance its ...
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Big Tech Backs Trump to Cut Taxes, Boost Crypto, Replace Workers with AI: Tech Investor Roger McNamee
Silicon Valley and tech billionaires are lining up to support the incoming Trump administration. With the world’s richest man ...
ChatGPT Search’s Struggles Prove Alphabet’s (GOOG) Search Engine Superiority
OpenAI faced two outages in December, causing hours-long disruption to its Sora and ChatGPT platforms. To recall, the company made ChatGPT Search available to all users for free this month. While this ...
OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money
As Fortune reported in September, Altman told his staff at the time that OpenAI would next year become a more traditional for ...
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 ...
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 ...
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 ...