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OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition
PYMNTS.com
The stakes held by tech giants in OpenAI have complex implications for innovation and market competition in the AI sector. While these relationships provide...
1 month ago
Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
Reuters
SAN FRANCISCO, Sept 25 (Reuters) - ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that...
1 month ago
Is OpenAI Shifting It’s Focus To Profits?
Forbes
Correction: An earlier version of this story said that OpenAI announced that it is restructuring its business. The company has not made an official...
1 month ago
OpenAI wants to become a for-profit company — and give Sam Altman a lot of equity
Quartz
OpenAI is looking to attract investors by shedding its non-profit business model. Suggested Reading. Let's talk about airplane boarding — and why it's so...
1 month ago
OpenAI looks to convert from nonprofit roots and become for-profit company
PBS
OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the company looks to more...
1 month ago
ACT Inc. transitioning to a for-profit business focused on 'financial and social impact'
Iowa City Press-Citizen
The Iowa City-based ACT Inc., which offers college admissions tests, announced it is moving to a for-profit model.
5 months ago
OpenAI in Talks With California to Become For-Profit Company
Bloomberg
OpenAI is advancing in its bid to transform the non-profit structure of the $157 billion company into a for-profit business by having preliminary...
2 days ago
OpenAI reportedly considering shift to for-profit as CEO stacks board
Cointelegraph
Artificial intelligence (AI) company OpenAI is reportedly considering shifting from a capped-profit corporation to an unfettered for-profit model.
4 months ago
OpenAI planning to become for-profit company, say reports
The Guardian
OpenAI is reportedly pushing ahead with plans to become a for-profit company, after more senior figures left the ChatGPT developer following the surprise...
1 month ago
OpenAI trades non-profit status for profit potential
TechHQ
OpenAI shifts from non-profit basis to for-profit model ... Sam Altman in Paris recently, aiming to water down the wording of the EU AI ... OpenAI, the AI company...
1 month ago