Today’s podcast discusses OpenAI’s new travel tool, Tripadvisor bidding battles, and American Airlines’ earnings.
The structure also "does not enable the non-profit to easily do more than control the for-profit," the company said. With the restructuring, the PBC will control OpenAI's operations and business.
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions ...
The state’s attorney general asked the company how it plans to transfer assets out of its charitable nonprofit.
Its unusual structure gave control of the for-profit unit to ... "The key to the announcement is that the for-profit side of OpenAI ’will run and control OpenAI’s operations and business,’" DA ...
Geoffrey Hinton, the prominent data scientist known as the “Godfather of artificial intelligence,” is backing Elon Musk in his legal attempt to block OpenAI from switching to a for-profit company.
The structure also “does not enable the non-profit to easily do more than control the for-profit,” the company said. With the restructuring, the PBC will control OpenAI’s operations and ...
Its unusual structure gave control of the for ... that the for-profit side of OpenAI 'will run and control OpenAI's operations and business,'" DA Davidson & Co analyst Gil Luria said.
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence ...
OpenAI said Tuesday that Adebayo Ogunlesi ... the latest announcement in the company's move toward a for-profit structure. Ogunlesi is a founding partner of Global Infrastructure Partners ...