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OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans for revamping into a for-profit company.
OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money
OpenAI CEO Sam Altman has said that his company was made “unusual” on purpose. Now, that unusualness is getting in the way of raising more money from investors. In a Friday blog post, the company behind the popular AI chatbot ChatGPT said its board is deep into planning how OpenAI will “become more than a lab and a startup” in 2025.
OpenAI lays out plan to shift to new for-profit structure
OpenAI on Friday laid out a plan to revamp its corporate structure next year, saying it would create a public benefit corporation to manage its growing business and ease the restrictions imposed by its current non-profit parent.
OpenAI lays out its for-profit transition plans
The company currently has a for-profit org controlled by a nonprofit, with a “capped profit” share for investors and employees. But in a blog post published Friday, the company says it plans to begin transitioning its existing for-profit into a Delaware Public Benefit Corporation (PBC),
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How To Accelerate The Move From Shadow IT To Business-Led IT
Business-led IT converts shadow IT from a threat to an opportunity for innovation without sacrificing security or efficiency.
CNET on MSN
20h
It's Time to Change These 8 iPhone Settings in iOS 18.2
In Dark mode, the background image also changes. Apple's default iOS 18 wallpaper dynamically changes from light to dark as ...
Game Rant
1d
It Takes Two: Chapter List
If you're looking for an incredible co-op game to enjoy with your partner or a friend, It Takes Two is an excellent choice.
1d
'It's still in shambles': Can Boeing come back from crisis
Sam Mohawk is a 51-year-old quality assurance investigator at Boeing's factory in Renton near Seattle, a huge plant where the ...
2d
on MSN
Brooklyn startup It’s Electric is changing the way New York City charges EVs
Brooklyn-based startup It’s Electric is revving up NYC’s electric vehicle charging game — installing public curbside chargers ...
3d
America’s new IT consultant: Musk slams outdated tech plaguing federal government
The IRS receives 375,000 pieces of mail a day during its busy filing season, so when the letter-opening machines in the ...
5d
‘It Ends With Us’—Blake Lively’s Accusations Against Justin Baldoni, Explained
It Ends With Us’ marked the beginning of the end for star Blake Lively’s reputation, but the social media tide has turned ...
3d
It’s not easy to narrow down the reasons for the Giants’ demise — but we tried
This regime tried to make it work with Daniel Jones. Really. It was a concerted effort to build and strengthen the operation ...
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