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OpenAI details plans to turn into a for-profit company
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-profit company. In its latest blog post, the company publicly confirmed the planned change for the first time.
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 for-profit, accusing OpenAI of abandoning its original philanthropic mission. Musk has also alleged that OpenAI has deprived his own AI company, xAI, of capital by extracting promises from investors not to fund it.
OpenAI announces plan to transform into a for-profit company
Going into 2025, OpenAI plans to become a Public Benefit Corporation (PBC), which is a for-profit company meant to operate for the good of society. This division will “run and control OpenAI’s operations and business,” while OpenAI’s nonprofit will retain a stake in the business but lose its oversight role.
OpenAI, ChatGPT
ChatGPT recovers after being hit by outages, OpenAI says
ChatGPT stopped functioning for many users on Thursday afternoon, with OpenAI saying that its AI app was experiencing glitches for some. The app recovered several hours later, the San Francisco-based company said.
OpenAI responds to major outage on ChatGPT, other applications
OPENAI CEO SAM ALTMAN LOOKING FORWARD TO WORKING WITH TRUMP ADMIN, SAYS US MUST BUILD BEST AI INFRASTRUCTURE "We're sorry for the trouble this is causing," the company wrote. "Wev
Here’s Why OpenAI’s ChatGPT Was Down
OpenAI’s widely used chatbot, ChatGPT, faced a significant outage on Thursday, leaving thousands of users unable to access the platform. The disruption sparked widespread reports of errors and downtime.
5h
on MSN
ChatGPT isn't the only cool AI tool made by OpenAI — check out Sora, DALL-E, and more
OpenAI has other AI tools like Sora, which quickly creates videos from text prompts. Another, Whisper, transcribes and ...
7h
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 ...
Fast Company
1d
OpenAI pivots to for-profit model to secure massive AI funding
OpenAI
, one of the world’s most valuable startups, originally began in 2015 as a nonprofit focused on
AI
research. But as ...
13h
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 ...
8h
OpenAI whistleblower's mother wants suicide death investigation reopened
OpenAI whistleblower Suchir Balaji's death was ruled a suicide — but his family is calling on police to reopen their ...
10h
on MSN
I asked ChatGPT and Copilot about AGI predictions for 2025 — OpenAI unanimously tops the chart partly due to its Microsoft tie-up and 2-year lead building AI 'uncont…
I asked ChatGPT and Microsoft Copilot about AGI predictions for 2025 and beyond. Here’s what the future holds according to AI ...
3d
on MSN
OpenAI’s o3 suggests AI models are scaling in new ways — but so are the costs
AI founders and investors told TechCrunch that we're now in the "second era of scaling laws," noting how established methods ...
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