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OpenAI details plans to turn into a for-profit company
Explainer: Why OpenAI plans transition to public benefit corporation
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against companies such as Google.
OpenAI lays out its for-profit transition plans
The company currently has a for-profit org controlled by a nonprofit, with a “capped profit” share for investors and employees. But in a blog post published Friday, the company says it plans to begin transitioning its existing for-profit into a Delaware Public Benefit Corporation (PBC),
OpenAI announces plan to transform into a for-profit company
OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will replace the company’s existing structure with one that puts control into the hands of its for-profit arm.
7d
The AI war between Google and OpenAI has never been more heated
Over the past month, we've seen a rapid cadence of notable AI-related announcements and releases from both Google and OpenAI, ...
5h
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 ...
4h
on MSN
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 ...
2h
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 ...
7d
OpenAI Upgrades Its Smartest AI Model With Improved Reasoning Skills
A day after Google announced its first model capable of reasoning over problems, OpenAI has upped the stakes with an improved ...
9d
Google's AI video generator blows OpenAI's Sora out of the water. YouTube may be a big reason.
Early testers are playing with Google's new Veo 2 and finding it bests OpenAI's Sora when it comes to accuracy.
Hosted on MSN
2d
Google Veo2 vs OpenAI Sora: AI models now create text-to-video clips, promise a new future
What is the future of video creation with AI tools like Veo2 and Sora generating high-quality, realistic videos? More ...
11d
Google And OpenAI CEOs Offer Different 2025 Generative AI Forecasts
Google CEO Sundar Pichai sees a slowdown while OpenAI CEO Sam Altman envisions acceleration to generative artificial ...
ExtremeTech on MSN
9d
OpenAI Officially Takes on Google With Wide-Scale ChatGPT Search Rollout
Based on our tests, the feature doesn't even incorporate the citations sidebar that
OpenAI
teased in October. Still, ...
The Information
22h
Microsoft and OpenAI Wrangle Over Terms of Their Blockbuster Partnership
OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a ...
NextBigFuture
7d
Google Veo 2 vs OpenAI Sora
Here are some screenshots from Google Veo 2 generated video.
Interesting Engineering on MSN
6d
OpenAI unveils o3 reasoning AI model to tackle complex challenges, compete with Google
OpenAI has launched the test phase for its new reasoning AI models, o3 and o3 mini, aiming to advance problem-solving and ...
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