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OpenAI confirms plans to become a for-profit company
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 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.
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.
Thousands report outage with OpenAI chatbot and Sora
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 translates speech into text.
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 'recovering' after major OpenAI outage
OpenAI is experiencing an outage Thursday, causing many users to error out when using ChatGPT or the company's API. The tech company says the outage is caused by an “upstream provider” issue. The outage began around 2 p.
TechCrunch
30m
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, the nonprofit org that co-sponsored California’s ill-fated SB 1047 AI safety legislation, has requested permission to ...
1h
on MSN
OpenAI beefs up Washington presence with a pitch for energy and security
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.
6h
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 ...
4h
OpenAI Says It Needs More Money as the ChatGPT Maker Moves Toward For-Profit Structure
ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...
Fast Company
22h
OpenAI pivots to for-profit model to secure massive AI funding
OpenAI
, one of the world’s most valuable startups, originally began in 2015 as a nonprofit focused on AI research. But as ...
5d
OpenAI whistleblower Suchir Balaji dead at age 26; family seeks answers as death ruled suicide
Suchir Balaji, a former researcher at OpenAI who openly questioned the legality of its data-gathering practices, died by ...
6d
Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died
Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT ...
6d
OpenAI announces new o3 models
OpenAI saved its biggest announcement for the last day of its 12-day "shipmas" event. On Friday, the company unveiled o3, the ...
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Elon Musk
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