OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
OpenAI frames the transition as essential to aligning its structure with the dual goals of advancing ... The AGI clause, a ...
OpenAI plans to transition from a non-profit to a for-profit company to address governance challenges and attract investment.
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...
OpenAI's new structure aims to potentially make a more investor-friendly corporation, while maintaining a mission of funding a related charity ...
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to ...
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...
OpenAI has proposed restructuring its for-profit wing as a PBC to attract investors while maintaining the non-profit; in line ...