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OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.
Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.
OpenAI’s complex path to becoming a for-profit company
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
OpenAI plans to become a for-profit business — here’s what that means for the AI company
OpenAI doesn't want to be so open anymore. According to a new report, OpenAI — the organization that burst onto the scene with the release of its popular AI chatbot, ChatGPT, in 2022 — is looking to restructure into a for-profit company.
OpenAI to Become For-Profit Company
The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.
14h
OpenAI funding and restructuring plans renew pressure on AI’s top startup
The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...
1h
Better AI Stock: Palantir vs. Microsoft
Indeed, while others are playing catch-up, Palantir is already benefiting from years of AI investments. Management estimates ...
3d
on MSN
How OpenAI’s Plan to Become ‘For Profit’ Could Help It Raise Money From Apple, Microsoft, Nvidia
OpenAI intends to become a for-profit public-benefit corporation, The Wall Street Journal reported, citing people with ...
EconoTimes
7h
OpenAI Projects $5 Billion Loss Amid Surging ChatGPT Revenue and Upcoming Fee Increases
OpenAI expects a significant loss of $5 billion in 2024, despite skyrocketing ChatGPT revenue and planned fee increases.
1d
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and ...
2d
OpenAI Is Growing Fast and Burning Through Piles of Money
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...
2d
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first ...
2d
OpenAI is raising billions, inviting more regulatory heat for Microsoft
After their partnership has already drawn antitrust scrutiny, Microsoft would own shares in OpenAI if it shifts to a ...
2d
OpenAI reportedly wants to build 5 gigawatt data centers, and nobody knows who could supply that much power
Five gigawatts is an astonishingly large amount of power. It’s the output of around five nuclear reactors—the kind of power ...
1d
Apple reportedly backs out of OpenAI funding round
In a short-lived will-they-won't-they love story to rival the likes of Heathcliff and Catherine, Apple is reportedly no ...
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