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OpenAI’s journey from nonprofit to $157B valued company
OpenAI indicated it did not plan to enter into any joint ventures with for-profit organizations, which it has since done. It also promised to make its research freely available to the public.
Changing OpenAI's nonprofit structure would raise questions about its future
Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last November when its board ousted and rehired CEO Sam Altman. Now, some believe the company may have reached — or exceeded — the limits of its corporate structure,
Documents show OpenAI's long journey from nonprofit to $157 billion company
Called OpenAI, the nonprofit told the IRS its goal was to “advance digital intelligence in the way that is most likely to benefit humanity as a whole.
Changing OpenAI’s nonprofit structure could have big consequences
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion.
11h
OpenAI says it shuts down multiple campaigns using its systems for cybercrime
OpenAI, the company behind the famed Chat-GPT generative Artificial Intelligence (AI) solution, says it has recently blocked ...
23h
on MSN
OpenAI uses its own models to fight election interference
OpenAI cracks down on cybercrime campaigns using its systems to influence elections worldwide. Discover what the full report ...
1d
on MSN
Khosla Ventures just backed OpenAI with $405M more, but not necessarily with its own capital
Khosla Ventures has raised $405 million for OpenAI, according to a regulatory filing. Based on the filing alone, Khosla’s ...
1d
It will be awhile before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.
A report from The Information said that while OpenAI was burning less cash than previously thought, it's still years away ...
1d
Two Big Changes At OpenAI
Description: The company is rolling out a new “thinking” model, and possibly moving toward for-profit operations.
2d
on MSN
SF's OpenAI reportedly plans to lose more than $44 billion before it turns a profit
OpenAI, according to a new report by the Information, plans to lose $44 billion before turning a profit in 2029. It's a ...
1d
OpenAI's AI-adjusted earnings numbers have echoes of Groupon and WeWork
The startup is asking investors to ignore the cost of AI model training, according to The Information. That's "not kosher," ...
2d
OpenAI Is Trying To Court Influencers With A New ‘Head Of Creators’ Role
After facing backlash from content creators for scraping YouTube data to build its models, the AI behemoth is trying to ...
2d
on MSN
OpenAI Chairman’s Startup Raising Funds at Over $4 Billion Value
OpenAI Chairman Bret Taylor’s Sierra is in talks to secure new funding at a $4 billion-plus valuation, a person familiar with ...
8h
OpenAI confirms threat actors use ChatGPT to write malware
OpenAI has disrupted over 20 malicious cyber operations abusing its AI-powered chatbot, ChatGPT, for debugging and developing ...
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