OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock."
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 reveals plan to convert to public benefit corporation
OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta are already fighting the move.
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 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.
OpenAI lays out its for-profit transition plans
OpenAI says its corporate structure must evolve to advance its mission of ensuring artificial general intelligence (AGI) — AI that can complete most tasks humans can — benefits all humanity. OpenAI currently has a for-profit org controlled by a nonprofit,
OpenAI announces plan to transform into a for-profit company
OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control into the hands of its for-profit arm.
Sam Altman: AI Is Integrated. Superintelligence Is Coming.
Bari Weiss at the Free Press interviewed Sam Altman, the creator of ChatGPT technologies and leader at OpenAI, about the ...
Sam Altman wants to hear from you on what OpenAI should build next year. Here are 3 ideas that have caught his eye so far.
Sam Altman asked his followers on X for ideas to improve OpenAI in 2025.Altman responded to suggestions about creating family ...
Benzinga.com5h
Sam Altman's OpenAI Plans Major Restructuring to Non-Profit Structure Amid Rising Costs
Elon Musk opposes OpenAI's shift, claiming it abandons nonprofit roots. Get New Picks of the Market's Top Stocks Sam ...
Elon Musk Vs. Sam Altman: Inside The Feud Over OpenAI And ChatGPT
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
Sam Altman chats with users and reveals possible new ChatGPT features for 2025
OpenAI concluded 2024 with a bang, hosting a “12 Days” event of AI announcements mostly focused on ChatGPT. The ChatGPT o1 ...
Sam Altman once owned some equity in OpenAI through Sequoia
OpenAI CEO Sam Altman sat before Congress in 2023 to testify about the dangers of AI. He told American lawmakers at the time ...
PCMag on MSN5d
OpenAI CEO Sam Altman Calls Former Business Partner Elon Musk ‘a Bully’
Altman claimed that Musk's opposition to OpenAI's potential for-profit transition comes from his desire to remain in control ...
The Information19h
Microsoft and OpenAI Wrangle Over Terms of Their Blockbuster Partnership
OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a ...
OpenAI CEO Sam Altman Crowdsources 2025 Goals — Sora Upgrades Top User Wishlist
OpenAI CEO Sam Altman sought user input for the company's 2025 goals, with top suggestions including enhancements to the Sora ...
Sam Altman's universal basic income experiment reveals benefits and limitations in addressing AI job losses
The impact generative AI is having on the jobs market is well documented. Altman, boss of ChatGPT-maker OpenAI, said that in ...