openai artificial intelligence news

OpenAI outlines new for-profit structure

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) - a structure designed to consider the interests of society in addition to shareholder value.

Investopedia · 11h

OpenAI Says It Needs More Money as the ChatGPT Maker Moves Toward For-Profit Structure

ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a for-profit structure.

Hosted on MSN · 14h

OpenAI mulls plan around for-profit structure to propel ChatGPT maker

Microsoft (NASDAQ:MSFT)-backed OpenAI revealed plans to change company structure that would create a money-making corporation along with a nonprofit arm. The AI startup said its board is evaluating is corporate structure to support the mission of ensuring artificial general intelligence,

OpenAI details plans to turn into a for-profit company

New York Post on MSN · 12h

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.

The New York Times · 9h

OpenAI Details Plans for Becoming a For-Profit Company

OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would receive shares in the new company.

TechCrunch · 7h

OpenAI lays out its for-profit transition plans

One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a for-profit, accusing OpenAI of abandoning its original philanthropic mission. Musk has also alleged that OpenAI has deprived his own AI company, xAI, of capital by extracting promises from investors not to fund it.

Microsoft and OpenAI have a financial definition of AGI

ZDNet · 18h

OpenAI's o3 isn't AGI yet but it just did something no other AI has done

To demonstrate we are still not at human-level intelligence, Chollet notes some of the simple problems in ARC-AGI that o3 can't solve. One such problem involves simply moving a colored square by a given amount -- a pattern that quickly becomes clear to a human.

Gizmodo · 1d

Leaked Documents Show OpenAI Has a Very Clear Definition of ‘AGI’

But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a strange contractual agreement that the startup would stop allowing Microsoft to use any new technology it develops after AGI is achieved.

TechCrunch on MSN · 1d

Microsoft and OpenAI have a financial definition of AGI: report

Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition,

12hon MSN

OpenAI embraces for-profit model to chase AI dreams

OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate ...

cio.economictimes.indiatimes11m

OpenAI's o3 reasoning model ignites AI hype among top influencers

Social media influencers have kicked off a fierce debate over OpenAI's new o3 reasoning model, with some of them raising ...

11hon MSN

OpenAI to seek capital as a public benefit corporation in the vein of Patagonia

OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...

4hon MSN

OpenAI to maintain charitable branch after shifting to for-profit

OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...

15h

Beyond OpenAI: Microsoft's Bold Move to Revolutionize Copilot with Diverse AI Models

Microsoft ( NASDAQ:MSFT) clarified that its OpenAI collaboration allows it the flexibility for including several artificial ...

22h

New OpenAI o3 AI Model : A Giant Leap Toward Artificial General Intelligence (AGI)

OpenAI's o3 AI model achieves human-level intelligence in coding, math, and reasoning. Learn how it's shaping the future of ...

OpenAI responds to major outage on ChatGPT, other applications

OpenAI is working to fix an issue that caused major outages in its applications, including ChatGPT. A statement from the ...

16hon MSN

Indian-origin OpenAI whistleblower's mother breaks silence on Suchir Balaji's death: 'Doesn't look normal'

Suchir Balaji, an OpenAI whistleblower, died by suicide at 26. His mother revealed he grew disillusioned with AI's harm, ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results