OpenAI was a research lab — now it’s just another tech company
OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to avoid.
OpenAI Bids To Shift to For-Profit Company
OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.
OpenAI pushes limits of tech pivoting
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue for guardrails to prevent everything from getting out of hand. In the case of generative artificial intelligence,
Mira Murati, OpenAI’s technology chief, becomes the latest exec to leave the company
OpenAI Chief Technology Officer Mira Murati — who has been instrumental in the development of ChatGPT and the artificial intelligence image generator Dall-E — said Wednesday she is leaving the company.
‘We Are Not a Normal Company’: OpenAI’s Latest Drama
More high-level departures caught some at the high-flying A.I. start-up off guard, as the company seeks to raise billions to fund its operations and ambitious goals.
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’s restructuring will see it become a for-profit company
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors.The Latest Tech News, Delivered to Your Inb
Apple drops out of talks to join OpenAI investment round, WSJ reports
Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street ...
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 ...
OpenAI reportedly plans to ditch its nonprofit mission with CEO Sam Altman said to be in line to make billions
According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a ...
OpenAI might raise the price of ChatGPT to $44 by 2029
OpenAI is considering raising the price of its AI-powered chatbot, ChatGPT, significantly — to $22 by 2025 and $44 by 2029.
OpenAI execs were reportedly worried the company could collapse when Ilya Sutskever left — and tried to woo him back
A WSJ report sheds light on Mira Murati's concern over OpenAI's rushed product launches and how execs scrambled after Ilya ...
Apple No Longer in Talks to Join OpenAI Investment Round
Apple is no longer in talks to participate in an OpenAI funding round expected to raise as much as $6.5 billion, an 11th hour ...
OpenAI’s $6.5B funding round may close as soon as next week
The WSJ reports that OpenAI's next funding round, worth around $6.5 billion, could close as soon as the first week in October ...
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first ...
Apple no longer in talks to invest in OpenAI: report
Apple fell out of talks to invest in OpenAI's next funding round, which could raise as much as $6.5 billion, The Wall Street ...
Is OpenAI Shifting Focus From Purpose To Profit?
When a company transitions from purpose to profit, people and planet-oriented priorities tend to fall short. Does it have to ...
OpenAI might raise the price of ChatGPT to $22 by 2025, $44 by 2029
ChatGPT could get more expensive to use in coming years. The New York Times, citing internal OpenAI docs, reports that OpenAI ...
OpenAI projects staggering revenue growth: $3.7 Billion in 2024, $11.6 Billion in 20250 0
OpenAI is experiencing rapid growth, with monthly active users reaching 350 million. The company projects significant revenue ...