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OpenAI will need to prove it's in the public's best interest as it becomes a for-profit company
OpenAI plans to restructure into a for-profit public benefit corporation. It will need to show how it can help the public in the process.
Documents show OpenAI's long journey from nonprofit to $157 billion company
Called OpenAI, the nonprofit told the IRS its goal was to “advance digital intelligence in the way that is most likely to benefit humanity as a whole.
OpenAI’s Journey to $157 Billion Chronicled in Documents
The application, which nonprofits are required to disclose and which OpenAI provided to The Associated Press, offers a view back in time to the origins of the artificial intelligence giant that has since grown to include a for-profit subsidiary recently valued at $157 billion by investors.
Changing OpenAI’s nonprofit structure could have big consequences
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion.
OpenAI’s journey from nonprofit to $157B valued company
OpenAI indicated it did not plan to enter into any joint ventures with for-profit organizations, which it has since done. It also promised to make its research freely available to the public.
56m
OpenAI unveils experimental ‘Swarm’ framework, igniting debate on AI-driven automation
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn ...
Opinion
1h
Opinion
OpenAI Could Be a Force for Good if It Can Answer These Questions First
The artificial intelligence start-up behind ChatGPT needs a legal structure that ensures its commitments can be enforced.
34m
How OpenAI’s New AI Agent Framework Compares to Autogen and CrewAI
OpenAI's agentic framework introduces groundbreaking concepts, promising to reshape AI agent design and deployment. OpenAI's ...
2d
on MSN
Khosla Ventures just backed OpenAI with $405M more, but not necessarily with its own capital
Khosla Ventures has raised $405 million for OpenAI, according to a regulatory filing. Based on the filing alone, Khosla’s ...
1d
OpenAI says it shuts down multiple campaigns using its systems for cybercrime
OpenAI, the company behind the famed Chat-GPT generative Artificial Intelligence (AI) solution, says it has recently blocked ...
2d
on MSN
OpenAI uses its own models to fight election interference
OpenAI cracks down on cybercrime campaigns using its systems to influence elections worldwide. Discover what the full report ...
2d
It will be awhile before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.
A report from The Information said that while OpenAI was burning less cash than previously thought, it's still years away ...
2d
Two Big Changes At OpenAI
Description: The company is rolling out a new “thinking” model, and possibly moving toward for-profit operations.
News Nation on MSN
2d
Election disrupters using ChatGPT; OpenAI says it’s not working
This week in AI, synthetic data rose to prominence. OpenAI last Thursday introduced Canvas, a new way to interact with ...
2h
OpenAI Leadership Shakeup: Godfather of AI, Geoffrey Hinton Praises his Protege for Ousting CEO Sam Altman
Geoffrey Hinton, also known as the "Godfather of AI," recently received a Nobel Prize for his groundbreaking work in the ...
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