OpenAI reportedly plans to ditch its nonprofit mission with CEO Sam Altman said to be in line to make billions
According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a CEO or by bloodsucking shareholders but a board with a clear mission to do AI safely and not just for the dollar.
OpenAI Discusses 7% Stake for Altman in For-Profit Shift
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first time Altman is granted ownership in the artificial intelligence startup.
OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to ...
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
Apple fell out of talks to invest in OpenAI's next funding round, which could raise as much as $6.5 billion, The Wall Street ...
In a surprising move, Apple has pulled out of OpenAIs $6.5 billion funding round, leaving Microsoft and Nvidia poised to take ...
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
Anthropic's head of communications took a jab at an OpenAI cofounder after a confusing tweet and a wild week.
When a company transitions from purpose to profit, people and planet-oriented priorities tend to fall short. Does it have to ...
The San Francisco A.I. start-up believes there is not enough computing power on Earth to build the artificial intelligence it ...
Microsoft-backed OpenAI is planning to restructure its core business into a for-profit benefit corporation no longer ...
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