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OpenAI confirms plans to become a for-profit company
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.
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would receive shares in the new 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.
Outage takes ChatGPT, Sora and OpenAI's APIs
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.
Outage takes ChatGPT, Sora and OpenAI’s APIs offline for many users
OpenAI’s ChatGPT and Sora video generator are currently experiencing an outage that has made them inaccessible for many users. The issue also affects the application programming interfaces that developers use to integrate the company’s technology into their software.
OpenAI responds to major outage on ChatGPT, other applications
OPENAI CEO SAM ALTMAN LOOKING FORWARD TO WORKING WITH TRUMP ADMIN, SAYS US MUST BUILD BEST AI INFRASTRUCTURE "We're sorry for the trouble this is causing," the company wrote. "Wev
6h
on MSN
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
12h
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 ...
7h
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.
12h
OpenAI pivots to for-profit model to secure massive AI funding
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
9h
Why DeepSeek’s new AI model thinks it’s ChatGPT
Posts on X — and TechCrunch’s own tests — show that DeepSeek V3 identifies itself as ChatGPT, OpenAI’s AI-powered chatbot ...
54m
'AI companies were founded by white Europeans': Indian-origin co-founder shuts down author's remark with just 1 emoji
An author got community-noted on X after he claimed that Indians had not started any AI companies. An Indian cofounder ...
55m
Elija Perrier
A new artificial intelligence (AI) model has just achieved human-level results on a test designed to measure “general intelligence”. On December 20, OpenAI’s o3 ...
12h
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 ...
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