As Fortune reported in September, Altman told his staff at the time that OpenAI would next year become a more traditional for ...
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...
Megan Brantley from LikeFolio in a recent program of Schwab Network said the latest pullback in NVIDIA Corp (NASDAQ:NVDA) ...
OpenAI is Exploring a New Corporate Structure Aimed at Strengthening Its Non-Profit Mission and Ensuring AGI Benefits All of ...
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...
The Federal Trade Commission is investigating Microsoft’s business practices, The European Union’s Common Charging Solution ...
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
Founded in 2015 as a research-focused non-profit, OpenAI has rapidly evolved into one of the world's most valuable startups.
Under the proposed structure, the public benefit corporation (PBC) will run and control OpenAI's operations and business, ...
By adopting the popular PBC structure, OpenAI aims to navigate these complexities and continue pursuing its mission of ensuring artificial general intelligence (AGI) benefits all of humanity.
With OpenAI transitioning into a for-profit business, a new report claims that the company's partnership with Microsoft is ...
The two entities reportedly agreed that an AI that can generate at least $100 billion in profits will be considered AGI.