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OpenAI, restructuring plan

Futurism on MSN · 1h

OpenAI Forced to Abandon Plans to Become For-Profit

Money Matters OpenAI may be raking in the investor dough, but thanks in part to erstwhile cofounder Elon Musk, the company won't be going entirely for-profit anytime soon. In a blog post this week, the Sam Altman-run company announced that it would remain under the control of its original non-profit governing board as it shifts its planned restructuring efforts of its for-profit arm.

TechCrunch · 1h

What OpenAI’s restructuring plan means for its corporate future

OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day IPO.

The Verge · 1d

OpenAI abandons plan to become a for-profit company

OpenAI has been working for months to no longer be controlled by a nonprofit. It’s now giving up.

OpenAI Reinforces Nonprofit Control

Orange County Register · 20h

OpenAI reverses course and says its nonprofit will continue to control its business

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.

POLITICO on MSN · 1d

OpenAI will continue to be controlled by nonprofit amid restructuring scrutiny

The updated plan comes amid criticism from former business partner Elon Musk and others that the company was deviating from its original mission.

Los Angeles Times · 8h

LA Times Today: OpenAI says its nonprofit will remain in control of its for-profit business

OpenAI is making a bold push into the entertainment and film industry with a new text-to-video tool called Sora. In an effort to grab Hollywood’s attention, a series of AI-generated short films were screened here in L.

1don MSN

OpenAI shakes up corporate structure with goal of scaling up AGI investment

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

12h

Why is OpenAI so hellbent on changing its structure?

OpenAI has decided that the future of ChatGPT development towards AGI needs A Public Benefit Corporation under nonprofit ...

7h

It’s OpenAI’s Biggest Acquisition To Date – But What Does Windsurf Do?

OpenAI’s acquisition of Windsurf is making big headlines in the tech media world. It’s the biggest such activity by the ...

9hon MSN

Sam Altman unveils OpenAI nonprofit restructuring plans to align AGI with global benefits; “We want to create a brain for the world…”

OpenAI is changing its structure. It will now operate as a Public Benefit Corporation. This shift aims to develop artificial ...

Mic10h

OpenAI Stays A Nonprofit — For Now

OpenAI reaffirms its nonprofit governance structure, balancing innovation with ethical responsibility in the AI industry.

1don MSN

OpenAI, facing pressure, announces its nonprofit will stay in control after all. Read CEO Sam Altman's letter.

CEO Sam Altman published a letter announcing the plan on Monday.

1don MSN

'We want to build a brain for the world' – Sam Altman makes a crucial decision about the future of OpenAI, and it may determine the future of ChatGPT and AGI

OpenAI will transition to running under the oversight of a non-profit, and its profit side is to become a Public Benefit ...

9hon MSN

OpenAI Drops For-Profit Move. What It Means for Microsoft Stock.

OpenAI has abandoned a plan to put its artificial-intelligence business under the control of a for-profit entity—a shift that ...

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