PC Magazine41m
OpenAI Officially Announces For-Profit Transition
OpenAI says the plan “would result in one of the best-resourced non-profits in history,” and allow it to raise funds with ...
The News International4h
OpenAI announces restructuring plan to create public benefit corporation, raise capital
Announcing restructuring plans, OpenAI said on Friday it would establish a public benefit company to make it simpler to raise ...
Yearender 2024: From OpenAI’s Sora to Google’s Veo, 5 breakthroughs that made headlines in AI innovation
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 Outlines New For-Profit Structure to Drive AI Innovation Forward
OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...
The Globe and Mail22h
Cathie Wood Says Software Is the Next Big AI Opportunity -- 2 Super Stocks You'll Wish You'd Bought if She's Right
Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction ...
'Need to raise more capital than we’d imagined': OpenAI announces plans to transition from non-profit structure
The restructuring isn’t without opposition. Last month, Elon Musk filed a motion to block OpenAI’s shift to for-profit status ...