OpenAI lays out its for-profit transition plans | TechCrunch
1 day ago · In October, OpenAI raised $6.6 billion at a $157 billion valuation, bringing its total raised to $17.9 billion. The company still expects to lose money this year, however — $5 billion, according ...
OpenAI Details Plans for Becoming a For-Profit Company
1 day ago · OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization would receive shares in the new company. ... News and Analysis.
OpenAI outlines new for-profit structure in bid to stay ahead in …
1 day ago · OpenAI to become a public benefit corporation, to facilitate funding OpenAI stresses need for capital to fund research for restructuring Musk and Meta oppose OpenAI's switch to for-profit entity ...
OpenAI announces plan to transform into a for-profit company
1 day ago · OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control ...
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OpenAI’s 12 days of ‘shipmas’ include Sora and new reasoning …
Dec 4, 2024 · The announcements will include OpenAI’s long-awaited text-to-video AI tool Sora and a new reasoning model, sources familiar with OpenAI’s plans tell The Verge.
OpenAI reportedly plans to launch an AI agent early next year
Nov 13, 2024 · OpenAI is preparing to release an autonomous AI agent that can control computers and perform tasks independently, code-named “Operator.” The company plans to debut it as a research preview and...
OpenAI’s wild 60 hours: Here’s what happened - CNN
Nov 20, 2023 · OpenAI, the influential company behind ChatGPT, is under new leadership after Sam Altman was pushed out as CEO on Friday. The artificial intelligence industry was shaken by tectonic shifts over...
Explainer: Why OpenAI plans transition to public benefit corporation
1 day ago · OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against companies ...