OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...
Futurism on MSN1d
OpenAI Admits It Needs Vastly More Money Than It Thought
OpenAI says it wants to transform into a for-profit corporation because it needs "to raise more capital than we'd imagined." ...
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 says it needs ‘more capital than we'd imagined' as it lays out for-profit plan
OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...
Godfather of AI Throws Support Behind Elon Musk’s Lawsuit Against OpenAI
The youth advocacy group Encode is supporting Musk's lawsuit seeking a preliminary injunction that would stop OpenAI from ...
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 ...