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OpenAI details plans to turn into a for-profit company
OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money
OpenAI CEO Sam Altman has said that his company was made “unusual” on purpose. Now, that unusualness is getting in the way of raising more money from investors. In a Friday blog post, the company behind the popular AI chatbot ChatGPT said its board is deep into planning how OpenAI will “become more than a lab and a startup” in 2025.
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's for-profit plan includes a public benefit corporation
The move] would enable us to raise the necessary capital with conventional terms like others in this space.” As part of the transformation, OpenAI’s nonprofit division would retain a stake in the for-profit unit in the form of shares “at a fair valuation determined by independent financial advisors,
Parents of OpenAI whistleblower hire private investigator
Mom of OpenAI Whistleblower Speaks Out on His Suicide Days After His Birthday
The mother of former OpenAI researcher and company whistleblower Suchir Balaji, who died by suicide, is speaking out about the final days of his life.
OpenAI whistleblower's mother wants suicide death investigation reopened
OpenAI whistleblower Suchir Balaji's death was ruled a suicide — but his family is calling on police to reopen their investigation, saying it "doesn't look like a normal situation."
Parents of OpenAI whistleblower hire private investigator after death
Although it was determined a former OpenAI researcher known to be a whistleblower died by suicide in San Francisco, his parents have reportedly hired an expert to perform an independent autopsy.
Thousands report outage with OpenAI chatbot and Sora
ChatGPT down: Thousands report outage with OpenAI chatbot and Sora
A company status page showed ChatGPT and the company’s application programming interface (API) experiencing a “major” outage, while Sora had a “partial” outage. More than 12,000 people reported OpenAI-related in the last 24 hours, according to the monitoring site Downdetector.
OpenAI’s ChatGPT and Sora are down: Here’s what we know
ChatGPT, the artificial intelligence chatbot developed by OpenAI, is experiencing an outage on Thursday afternoon. According to Downdector.com, thousands of users have reported outages after a surge in reports beginning around 10:20 a.
Is ChatGPT Down? Users Report Problems With OpenAI Product
There has been a spike in OpenAI outages across the country since 1:25 p.m. EST, according to Downdetector.
Fast Company
21h
OpenAI pivots to for-profit model to secure massive AI funding
OpenAI
has experienced exponential growth, achieving the $157 billion valuation within two years of launching its ...
1d
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.
OpenAI's Sam Altman asked his followers how to improve the artificial intelligence platform in 2025. One idea included new ...
techtimes
1d
OpenAI Chatbots for Education: Custom GPTs to Possibly Help Improve Online Learning
However, that is not yet over as there are still tendencies that chatbots may hallucinate. Despite this, the likes of OpenAI ...
6d
on MSN
OpenAI announces new o3 model — but you can’t use it yet
Welcome back to Week in Review. This week, we’re looking at OpenAI’s last — and biggest — announcement from its “12 Days of ...
3d
on MSN
Meet the power players at Elon Musk's xAI, the startup taking on OpenAI with its Grok chatbot
Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.
10d
Why Does OpenAI Need So Much Money?
Building a chatbot like ChatGPT requires billions upon billions of dollars. That’s the driving force behind OpenAI’s plans to ...
7d
OpenAI unveils its most advanced o3 reasoning model on its last day of 'shipmas'
For 12 days straight, OpenAI unveiled 'new things, big and small.' Here's what's new today and a full round-up of all the ...
5h
on MSN
I asked ChatGPT and Copilot about AGI predictions for 2025 — OpenAI unanimously tops the chart partly due to its Microsoft tie-up and 2-year lead building AI 'uncont…
I asked ChatGPT and Microsoft Copilot about AGI predictions for 2025 and beyond. Here’s what the future holds according to AI ...
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