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 admits it needs more cash for its for-profit vision
A month earlier, co-founder John Schulman left for rival Anthropic. And let’s not forget May, when OpenAI lost two more high-profile figures: co-founder Ilya Sutskever and Jan Leike, a former safety leader who also joined Anthropic. So, what’s going on ...
OpenAI says it needs ‘more capital than we'd imagined' as it lays out for-profit plan
OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its structure.
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),
OpenAI Says It Needs More Money as It Plans to Go For-Profit
OpenAI is making a big change to fund its future. By 2025, it plans to become a Public Benefit Corporation, combining for-profit operations with a nonprofit arm focused on education, healthcare, and science.
Observer11d
Ilya Sutskever Warns A.I. Is Running Out of Data—Here’s What Will Happen Next
Data is the fossil fuel of A.I.,” said Sutskever while speaking at the Conference on Neural Information Processing Systems ...
techtimes11h
OpenAI's 'For-Profit' Switch Promises a 'Humanitarian' Benefit Despite The Corporate Shift
OpenAI revealed its plans to transform its core into a for-profit business and claims it will not forget its humanitarian ...
OpenAI Co-Founder Ilya Sutskever Rings Alarm Bells: AI's 'Fossil Fuel' Is Running Out As World Reaches 'Peak Data'
OpenAI co-founder Ilya Sutskever is sounding the alarm on a looming data crisis that could reshape the artificial ...
A timeline of OpenAI's rocky 2024
OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with ...
Ilya Sutskever Reveals How AI Will Change the World Forever
Learn how Ilya Sutskever envisions the future of AI,superintelligence, ethical challenges, and revolutionary innovations.
OpenAI’s Crucible Year: How 2024 Is Reshaping The Future Of AI
OpenAI's challenges in 2024 will shape the future of AI, setting precedence for AI regulation, AI governance and usage of ...
Former OpenAI employee who died by suicide was named in a court case that could decide the future of the internet
Suchir Balaji, a former OpenAI researcher, raised questions about OpenAI possibly violating copyright law.
Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died
Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT ...
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5 A.I. Trends to Watch in 2025: Agentic A.I., 3D Models, Synthetic Data and More
Until now, much of A.I.’s visual outputs have remained two-dimensional, something tech pioneers are looking to shift in the coming years. “Large world models” are an emerging form of A.I. that aims to ...