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OpenAI details plans to turn into a for-profit company
OpenAI outlines plans to transition into a for-profit company
As part of the transition, OpenAI will become a Public Benefit Corporation (PBC), a for-profit company designed to serve societal interests. This division will "run and control OpenAI's operations and business,
OpenAI outlines plans to becoming for-profit company
In a blog post, the company said it plans to restructure as a PBC, which "requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decision making.
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 for revamping into a for-profit company.
Microsoft and OpenAI have a financial definition of AGI
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't solve. One such problem involves simply moving a colored square by a given amount -- a pattern that quickly becomes clear to a human.
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 strange contractual agreement that the startup would stop allowing Microsoft to use any new technology it develops after AGI is achieved.
Microsoft and OpenAI have a financial definition of AGI: report
Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition,
27m
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation ...
11h
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 ...
cio.economictimes.indiatimes
28m
OpenAI's o3 reasoning model ignites AI hype among top influencers
Social media influencers have kicked off a fierce debate over
OpenAI
's new o3 reasoning model, with some of them raising ...
11h
on MSN
OpenAI mulls restructuring
OpenAI is mulling a corporate restructuring designed to help coordinate the artificial intelligence developer’s nonprofit and ...
9h
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 ...
16h
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 ...
22h
New OpenAI o3 AI Model : A Giant Leap Toward Artificial General Intelligence (AGI)
OpenAI's o3 AI model achieves human-level intelligence in coding, math, and reasoning. Learn how it's shaping the future of ...
1d
OpenAI responds to major outage on ChatGPT, other applications
OpenAI is working to fix an issue that caused major outages in its applications, including ChatGPT. A statement from the ...
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