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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 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
Turning OpenAI Into a Real Business Is Tearing It Apart
Executives and researchers have left the artificial-intelligence company this year amid disputes over the its values and fights among its leaders.
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 mulls move to end its ‘non-profit’ status
OpenAI’s history as a non-profit research institute that also sells commercial products such as ChatGPT may be coming to an end, as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
OpenAI looks to convert itself to for-profit company, source says
AI company’s board is considering a decision that would change OpenAI into a public benefit corporation, source says
17h
on MSN
This company had $1 billion in quarterly AI bookings — and it’s not a chip maker
Accenture’s stock rallied toward a six-month high Thursday, after the management consultant got back to beating earnings ...
21h
Why Nvidia Stock Could Lag Behind A Key AI Energy Company
CEG stock surged 22% on Sept. 20, driven by a 20-year deal with Microsoft to supply electricity from a restart (of undamaged) ...
5h
Is Nvidia Old News? Meet the Newest Stock-Split AI Stock in the S&P 500. It Soared 470% Since Early 2023.
Is Nvidia Old News? Meet the Newest Stock-Split AI Stock in the S&P 500. It Soared 470% Since Early 2023.
36m
A big AI prediction re-juices the trade: Morning Brief
Enter consulting giant Bain & Company and a big, new forecast: “The market for AI-related hardware and software is expected ...
1d
on MSN
Google paid $2.7B to rehire AI genius who left after company refused to release his bot: report
Google paid $2.7 billion to rehire an artificial intelligence genius who left the tech giant in a huff three years ago to ...
2d
From Research Lab To Entrepreneurship: Five Key Lessons To Building An AI Company
I’d like to share some hard-earned experiences that may propel your entrepreneurship transition from scientific research.
29m
Crowded trades may be the unintended consequence of AI in market: TradeWeb CEO
Crowded trades occur when similar investment strategies — usually fueled by complex trading models —send investors all into ...
7h
Kristen Bell is a Meta AI voice after criticizing company in post
After posting an "opt out" declaration on Instagram, the actress has now signed with Meta to use her voice in its AI chatbot.
14h
AI is changing enterprise computing — and the enterprise itself
AI-based applications create a platform for businesses to drive revenue and market share, but the transformation can be ...
42m
Dell Offers 5 Guidelines for Accelerating AI Innovation
Australian IT leaders at Dell Technology Forum in Sydney were told they must prepare their infrastructure and data for future ...
2d
on MSN
Terminator creator James Cameron joins board of AI company
In 1984's The Terminator, which Cameron wrote and directed, a rogue AI called Skynet threatens the existence of mankind. But ...
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