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OpenAI details plans to turn into a for-profit company

The New York Times · 17h

OpenAI Details Plans for Becoming a For-Profit Company

OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would receive shares in the new company.

New York Post on MSN · 19h

OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans for revamping into a for-profit company.

OpenAI Outlines New For-Profit Structure to Drive AI Innovation Forward

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public Benefit Corporation (PBC)

OpenAI to seek capital

MarketWatch on MSN · 18h

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 corporation, or B-Corp., with a focus on social impact.

Barron's on MSN · 22h

OpenAI Wants to Create a ‘Public Benefit Corporation.’ Here’s What That Means.

OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the artificial intelligence battle is not. The company—which developed AI chatbot ChatGPT—says it wants to transform its current for-profit arm into a public-benefit corporation,

The Business Journals · 17h

OpenAI reveals plan to convert to public benefit corporation

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta are already fighting the move.

4hon MSN

OpenAI Outlines New For-Profit Structure in Bid To Stay Ahead in Costly AI Race

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...

1d

OpenAI's o3 isn't AGI yet but it just did something no other AI has done

To demonstrate we are still not at human-level intelligence, Chollet notes some of the simple problems in ARC-AGI that o3 can ...

OpenAI's 'For-Profit' Switch Promises a 'Humanitarian' Benefit Despite The Corporate Shift

OpenAI revealed its plans to transform its core into a for-profit business and claims it will not forget its humanitarian ...

1d

Leaked Documents Show OpenAI Has a Very Clear Definition of ‘AGI’

But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...

1don MSN

OpenAI and Microsoft have put a price tag on what it means to achieve AGI: report

The companies reportedly signed an agreement last year that defined AGI as a system that can generate $100 billion in profits ...

19hon MSN

OpenAI mulls restructuring

OpenAI is mulling a corporate restructuring designed to help coordinate the artificial intelligence developer’s nonprofit and ...

23h

Beyond OpenAI: Microsoft's Bold Move to Revolutionize Copilot with Diverse AI Models

Microsoft ( NASDAQ:MSFT) clarified that its OpenAI collaboration allows it the flexibility for including several artificial ...

1d

New OpenAI o3 AI Model : A Giant Leap Toward Artificial General Intelligence (AGI)

OpenAI's o3 AI model achieves human-level intelligence in coding, math, and reasoning. Learn how it's shaping the future of ...

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