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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
AI leaders are reacting to OpenAI's wild 24 hours with a mix of schadenfreude and concern
On social media, reactions to the exec exodus at OpenAI ranged from sarcastic memes to serious concerns.
19h
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 ...
Futurism
8m
Zuckerberg Says It's Fine to Train AI on Your Data Because It Probably Has No Value Anyway
In an interview with The Verge, Mark Zuckerberg argued that "individual creators or publishers tend to overestimate the value ...
37m
Mark Zuckerberg faces deposition in AI copyright lawsuit from Sarah Silverman and other authors
Meta CEO Mark Zuckerberg will be deposed as part of a lawsuit brought by authors including comedian Sarah Silverman accusing ...
23h
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) ...
1d
on MSN
James Cameron joins board of AI company – and faces backlash
With the strikes still ringing in creatives’ ears comes an announcement that has not gotten unanimous approval.
1d
AI Company Runway Is Offering Filmmakers Up to $1 Million to Make Movies
The AI firm and its Runway Studios (Runway’s production and entertainment arm) have launched the Hundred Film Fund, which ...
38m
Amazon’s $4 billion partnership with AI startup Anthropic gets UK competition clearance
Britain’s competition watchdog has cleared Amazon’s partnership with artificial intelligence company Anthropic because the $4 ...
1d
on MSN
OpenAI CTO Mira Murati and two others are latest execs to depart the AI 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 ...
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.
CRN
20m
Cockroach Labs’ Latest Database Release Offers New AI Functionality, Price Flexibility
CockroachDB is a next-generation, distributed SQL database that’s build for high-volume, mission-critical transaction ...
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