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OpenAI confirms plans to become a for-profit company
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 confirms plans to become a for-profit company as it looks to raise even more investor money
OpenAI CEO Sam Altman has said that his company was made “unusual” on purpose. Now, that unusualness is getting in the way of raising more money from investors. In a Friday blog post, the company behind the popular AI chatbot ChatGPT said its board is deep into planning how OpenAI will “become more than a lab and a startup” in 2025.
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 investors want.
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
OpenAI works to restore access to ChatGPT and other services
OpenAI has confirmed it is working to restore access to a number of its services including its popular ChatGPT service, its APIs and Sora. OpenAI said it has found the cause for the issue and have started recovery.
1h
on MSN
OpenAI beefs up Washington presence with a pitch for energy and security
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.
6h
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 ...
4h
OpenAI Says It Needs More Money as the ChatGPT Maker Moves Toward For-Profit Structure
ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...
Fast Company
22h
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 ...
4h
on MSN
OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...
5d
OpenAI whistleblower Suchir Balaji dead at age 26; family seeks answers as death ruled suicide
Suchir Balaji, a former researcher at OpenAI who openly questioned the legality of its data-gathering practices, died by ...
6d
Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died
Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT ...
6d
OpenAI announces new o3 models
OpenAI saved its biggest announcement for the last day of its 12-day "shipmas" event. On Friday, the company unveiled o3, the ...
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Elon Musk
Artificial intelligence
ChatGPT
Microsoft
Suchir Balaji
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