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OpenAI details plans to turn into a for-profit company
To Further Its Mission of Benefitting Everyone, OpenAI Will Become Fully for-Profit
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its investors want.
OpenAI announces plan to transform into a for-profit company
Going into 2025, OpenAI plans to become a Public Benefit Corporation (PBC), which is a for-profit company meant to operate for the good of society. This division will “run and control OpenAI’s operations and business,” while OpenAI’s nonprofit will retain a stake in the business but lose its oversight role.
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock."
Thousands report outage with OpenAI chatbot and Sora
ChatGPT recovers after being hit by outages, OpenAI says
ChatGPT stopped functioning for many users on Thursday afternoon, with OpenAI saying that its AI app was experiencing glitches for some. The app recovered several hours later, the San Francisco-based company said.
Is ChatGPT Down? Users Report Problems With OpenAI Product
EST, the outages tracking website, showed that there were over 15,000 reports of OpenAI not working with a majority, 92 percent, saying the problems were directly related to ChatGPT. The live outage map shows issues occurring across the country,
ChatGPT down: Thousands report outage with OpenAI chatbot and Sora
OpenAI’s much-used ChatGPT artificial intelligence chatbot is down, with scores of social media users reporting complaints. Others noted issues with OpenAI’s Sora video-generation model. “We are currently experiencing an issue with high error rates on ChatGPT,
5h
OpenAI whistleblower's mother wants suicide death investigation reopened
OpenAI whistleblower Suchir Balaji's death was ruled a suicide — but his family is calling on police to reopen their ...
9h
OpenAI defends for-profit shift as critical to sustain humanitarian mission
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...
3h
on MSN
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 ...
Fast Company
20h
OpenAI pivots to for-profit model to secure massive AI funding
OpenAI
, one of the world’s most valuable startups, originally began in 2015 as a nonprofit focused on AI research. But as ...
Axios on MSN
7h
OpenAI confirms plans to separate its non-profit and for-profit arms
OpenAI
Chairman Bret Taylor speaks to Axios' Ina Fried at the recent Axios AI+ Summit in San Francisco. Photo: Chris ...
4h
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 ...
2h
Mom of OpenAI Whistleblower Who Died by Suicide Days After His Birthday Speaks Out
The family of former OpenAI researcher and company whistleblower Suchir Balaji has arranged for a second autopsy to be ...
9h
on MSN
Indian-origin OpenAI whistleblower's mother breaks silence on Suchir Balaji's death: 'Doesn't look normal'
Suchir Balaji, an OpenAI whistleblower, died by suicide at 26. His mother revealed he grew disillusioned with AI's harm, ...
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