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OpenAI pivots to for-profit model to secure massive AI funding
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital. OpenAI, one of the world’s most valuable startups, originally began in 2015 as a nonprofit focused on AI research.
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 structure, signaling a significant strategic shift to fuel its ambitious pursuit of artificial general intelligence (AGI).
OpenAI unveils for-profit plans
CNBC's Kate Rooney joins 'Money Movers' to discuss OpenAI's for-profit plans. Biden stands by ‘surge of weapons’ to Ukraine as Trump handover looms CC Sabathia Names Which Team's Cap He Wants On His Hall of Fame Plaque What’s the Difference Between Diet Soda and Zero-Sugar Soda?
OpenAI reveals how it will transform into a for-profit company
OpenAI is getting a corporate makeover. The ChatGPT maker revealed in a company blog post (via The New York Times) that it plans to undergo some changes at the structural level soon. Specifically, OpenAI will become a Public Benefit Corporation,
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.
18h
on MSN
ChatGPT isn't the only cool AI tool made by OpenAI — check out Sora, DALL-E, and more
OpenAI has other AI tools like Sora, which quickly creates videos from text prompts. Another, Whisper, transcribes and ...
1d
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 ...
1d
The Shocking Costs Behind OpenAI’s o3 AI Model – Is It Worth It?
OpenAI’s o3 sparks debate with its achievements in math and coding, raising questions about scalability, costs, and broader ...
4d
on MSN
OpenAI’s o3 suggests AI models are scaling in new ways — but so are the costs
AI founders and investors told TechCrunch that we're now in the "second era of scaling laws," noting how established methods ...
4d
OpenAI’s Crucible Year: How 2024 Is Reshaping The Future Of AI
OpenAI's challenges in 2024 will shape the future of AI, setting precedence for AI regulation, AI governance and usage of ...
20h
OpenAI hits some potholes, as Chinese AI models get more interesting
* Chinese AI models are getting more interesting as Alibaba announces an advanced visual reasoning model and Stepfun gets ...
2d
An ex-OpenAI exec and futurist talks about AI in 2025 and beyond
This week, I’m dedicating the newsletter to a conversation I had recently with the futurist Zack Kass about some of the risks ...
7h
OpenAI Outlines New For-Profit Structure to Drive AI Innovation Forward
OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...
NextBigFuture
1h
What Mattered in 2024 ? Setting up the Future of AI, Robotics and Space
The most important things that happened in 2024 was the progress in AI, robotics and space capability. We are on the verge of ...
New Scientist
5d
OpenAI's o3 model aced a test of AI reasoning – but it's still not AGI
The latest AI model from OpenAI achieved an “impressive leap in performance” but it still hasn’t demonstrated what experts ...
8d
OpenAI Upgrades Its Smartest AI Model With Improved Reasoning Skills
A day after Google announced its first model capable of reasoning over problems, OpenAI has upped the stakes with an improved ...
10h
Tech war in 2024: China catches up fast in AI race, but US chip curbs cast shadow
Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But ...
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