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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 Executives Exit as C.E.O. Works to Make the Company For-Profit
Mira Murati, the chief technology officer, and two others are leaving as leaders including Sam Altman work to transform the start-up.
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 looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-p
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 be that way?
Shift toward for-profit structure puts OpenAI's corporate soul at risk
OpenAI is closing in on raising $6.5 billion — the largest venture capital raise in history. But in order to do so it looks like it will need to do the Delaware equivalent of selling its soul — it will have to overhaul its governance structure so that it's no longer controlled by a nonprofit organization.
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.
16h
OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
18h
Anthropic's comms chief mocks OpenAI after cofounder's bizarre tweet about jacuzzis and the Middle Ages
Anthropic's head of communications took a jab at an OpenAI cofounder after a confusing tweet and a wild week.
17h
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 ...
1d
on MSN
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken ...
In Depth
2d
In Depth
Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
The company’s unusual structure, which gives full control of the for-profit subsidiary to the OpenAI nonprofit, was ...
1d
on MSN
OpenAI's shift from non-profit to for-profit: Why it's controversial and what it could mean
OpenAI, originally founded as a non-profit to develop AI for societal benefit, is controversially shifting towards a ...
2d
Three more execs out at OpenAI, including technology chief Mira Murati
OpenAI Chief Technology Officer Mira Murati — who has been instrumental in the development of ChatGPT and the artificial ...
13h
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 ...
2d
on MSN
OpenAI exec Mira Murati says she's leaving artificial intelligence company
A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year said she's ...
1h
on MSN
1 Artificial Intelligence (AI) Stock-Buyback Stock to Buy Hand Over Fist, and 1 to Avoid (for Now)
Apple and Nvidia have both announced major share buyback programs, but I see one of these artificial intelligence (AI) ...
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