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OpenAI to seek capital
Explainer: Why OpenAI plans transition to public benefit corporation
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against companies such as Google.
OpenAI lays out its for-profit transition plans
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a for-profit, accusing OpenAI of abandoning its original philanthropic mission. Musk has also alleged that OpenAI has deprived his own AI company, xAI, of capital by extracting promises from investors not to fund it.
OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit corporation, or B-Corp., with a focus on social impact.
Thousands report outage with OpenAI chatbot and Sora
ChatGPT down: Thousands report outage with OpenAI chatbot and Sora
OpenAI’s much-used ChatGPT artificial intelligence chatbot is down, with scores of social media users reporting complaints. Others noted issues with OpenAI’s Sora video-generation model. “We are currently experiencing an issue with high error rates on ChatGPT,
ChatGPT & Sora Outage Resolved: OpenAI Updates Users!
OpenAI’s ChatGPT And Sora Faced A Brief Outage On December 26 Due To An Upstream Provider Issue! (Services Back Online).
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.
5h
on MSN
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 ...
5h
on MSN
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 ...
5m
on MSN
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
2h
To Further Its Mission of Benefitting Everyone, OpenAI Will Become Fully for-Profit
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...
12h
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 ...
17h
on MSN
OpenAI and Microsoft have put a price tag on what it means to achieve AGI: report
The companies reportedly signed an agreement last year that defined AGI as a system that can generate $100 billion in profits ...
22h
Leaked Documents Show OpenAI Has a Very Clear Definition of ‘AGI’
But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...
9h
Beyond OpenAI: Microsoft's Bold Move to Revolutionize Copilot with Diverse AI Models
Microsoft ( NASDAQ:MSFT) clarified that its OpenAI collaboration allows it the flexibility for including several artificial ...
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