OpenAI's for-profit plan includes a public benefit corporation
Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” while the nonprofit arm would operate separately with its own leadership team and a focus on charitable efforts in health care, education and science.
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
Musk 'did a lot to help OpenAI in the early day,' Sam Altman says in an interview with The Free Press, but he 'likes to get ...
OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...
3don MSN
Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...
Sam Altman's OpenAI should remain a nonprofit.
In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.
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