OpenAI plans to become a for-profit business — here’s what that means for the AI company
OpenAI doesn't want to be so open anymore. According to a new report, OpenAI — the organization that burst onto the scene with the release of its popular AI chatbot, ChatGPT, in 2022 — is looking to restructure into a for-profit company.
OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity
Reuters reported that OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation, moving away from control by its nonprofit board. The shift marks a dramatic change for the AI company behind ChatGPT,
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Artificial intelligence startup OpenAI is planning to pull control from its nonprofit board and go for-profit to attract more ...
There are plans to possibly rethink its nonprofit status, an ongoing fundraising that may almost double its valuation, and ...
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company ...
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In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will ...
On social media, reactions to the exec exodus at OpenAI ranged from sarcastic memes to serious concerns.
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