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 ...
AI startups drive VC funding resurgence, capturing record US investment in 2024
Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from market ...
Generative AI funding reached new heights in 2024
If there was any doubt, the generative AI bubble didn't burst in 2024, according to data from financial trackers.
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 outlines new for-profit structure in bid to stay ahead in costly AI race
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...
OpenAI defends for-profit shift as critical to sustain humanitarian mission
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...
Sam Altman says the OpenAI board members who ousted him left him with a 'complete mess' and a house 'on fire'
"It was just a crazy thing to have to go through and then have no time to recover, because the house was on fire," Altman ...
A leaked document suggests OpenAI will hit AGI when it builds an AI system that can generate up to $100 billion in profit — but the ChatGPT maker could endure a mass…
Microsoft and OpenAI reportedly signed an agreement in 2023 stating that the ChatGPT maker will only hit the AGI benchmark ...