The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...
OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...
Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction ...
The hundreds of billions of dollars that major companies are now investing into AI development show what it will really ...
OpenAI revealed details Friday about its plans to adopt a new corporate structure that will remove the company from control by a nonprofit that has been the focus of contention.
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race. It plans to become a public benefit ...
While both PBCs and traditional corporations are for-profit entities, PBCs are legally required to pursue one or more public benefits, including social and environmental goals.
OpenAI has proposed a new for-profit structure by saying it would create a public benefit corporation to raise funds more ...
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a ...
Encode, the nonprofit org that co-sponsored California's ill-fated SB 1047 AI safety legislation, has requested permission to ...
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.