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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 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 admits it needs more cash for its for-profit vision
OpenAI is officially done pretending it can run like a charity. On Friday, the company announced it has finalized plans to transition into a public benefit corporation (PBC) as soon as possible next year,
Game Rant
12h
It Takes Two: Chapter List
If you're looking for an incredible co-op game to enjoy with your partner or a friend, It Takes Two is an excellent choice.
15h
'It's still in shambles': Can Boeing come back from crisis
Sam Mohawk is a 51-year-old quality assurance investigator at Boeing's factory in Renton near Seattle, a huge plant where the ...
2d
on MSN
Brooklyn startup It’s Electric is changing the way New York City charges EVs
Brooklyn-based startup It’s Electric is revving up NYC’s electric vehicle charging game — installing public curbside chargers ...
2d
America’s new IT consultant: Musk slams outdated tech plaguing federal government
The IRS receives 375,000 pieces of mail a day during its busy filing season, so when the letter-opening machines in the ...
4d
‘It Ends With Us’—Blake Lively’s Accusations Against Justin Baldoni, Explained
It Ends With Us’ marked the beginning of the end for star Blake Lively’s reputation, but the social media tide has turned ...
3d
It’s not easy to narrow down the reasons for the Giants’ demise — but we tried
This regime tried to make it work with Daniel Jones. Really. It was a concerted effort to build and strengthen the operation ...
Variety
4d
‘It Ends With Us’ Star Jenny Slate Says the ‘Attack on Blake’ Lively Is ‘Terribly Dark, Disturbing and Wholly Threatening’
Jenny Slate is standing by her “It Ends With Us” co-star Blake Lively after she accused the film’s director and leading man Justin Baldoni of sexual harassment and attempting a smear campaign. “As ...
6d
on MSN
The ‘It Ends With Us’ cast drama and controversy, explained
Director and star Justin Baldoni says he and the writers took the book’s criticism into account when making the movie.
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