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OpenAI eyes path to 'for-profit' status as more executives flee
The tension between creating technology for humanity's sake and collecting a profit is coming to a head for the creator of ChatGPT
OpenAI’s Complex Path to Becoming a For-Profit Company
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.
Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.
OpenAI's transition from nonprofit to for-profit is not unprecedented, but could cost billions
Back in 1993, Blue Cross of California converted from a nonprofit entity by transferring its assets to a for-profit subsidiary called Wellpoint. The state regulator made Wellpoint
OpenAI to Become For-Profit Company
The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.
2h
on MSN
SoftBank to invest $500 million in OpenAI
CNBC's Becky Quick reports on the latest news.
Analytics Insight
1h
Elon Musk vs. Sam Altman: The Ethics of OpenAI’s Shift to For-Profit
The move of OpenAI from non-profit to for-profit has stoked much controversy. This debate largely took place between two key ...
2d
on MSN
OpenAI funding and restructuring plans renew pressure on AI’s top startup
The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...
5h
on MSN
Need to differentiate between SoftBank's AI strategy and the Vision Fund's investment in OpenAI: Analyst
Kirk Boodry of Astris Advisory says SoftBank's strategy around generative AI, which targets downstream companies, needs to be ...
The Daily Campus
3h
OpenAI’s restructuring plot raises red flags
Since the launch of ChatGPT in late 2022, OpenAI has become a household name in the Artificial Intelligence space, valued at over $80 billion earlier this year.
1d
SoftBank to invest $500 mln in OpenAI, The Information reports
Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information ...
3d
OpenAI Is Growing Fast and Burning Through Piles of Money
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...
1h
SoftBank to invest $500 million in OpenAI, information says
SoftBank Group Corp.’s Vision Fund is planning to invest $500 million in OpenAI as part of a larger funding round, the ...
14h
Here's what OpenAI employees are saying about the company's future
OpenAI's chief technology officer, Mira Murati, and top researchers, Barret Zoph and Bob McGrew, announced their resignations ...
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Related topics
Artificial intelligence
Elon Musk
Sam Altman
SoftBank
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