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OpenAI to seek capital
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.
What OpenAI’s Public Benefit Shift Means for the Future of AI
OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to drive societal impact in the fast-evolving AI sector. OpenAI Embraces Public Benefit
OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
Market watchers have said an initial public offering from OpenAI seems unlikely in 2025 given that it’s been able to raise billions of dollars in backing in private markets, inc
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
The latest large language model from OpenAI isn't yet in the wild, but we already have some ways to tell what it can and cannot do. The "o3" release from OpenAI was unveiled on Dec. 20 in the form of a video infomercial,
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,
8d
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, ...
16h
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 ...
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.
15h
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 ...
10d
on MSN
OpenAI Steps Up Its Google Fight. How Alphabet Is Striking Back.
Microsoft-backed OpenAI on Monday said that it was opening access to ChatGPT Search to all users, having previously limited ...
2d
OpenAI Recap: o3 Model Wraps 12 Days of Announcements
See all the announcements from OpenAI’s 12-day extravaganza, including new integrations for developers and an opportunity to ...
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 ...
7d
OpenAI launched its best new AI model in September. It already has challengers, one from China and another from Google.
The rapid commoditization of AI models continues, even with a groundbreaking new approach known as inference-time compute.
The Information
1d
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 ...
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 ...
8h
on MSN
Google CEO Pichai tells employees to gear up for big 2025: 'The stakes are high'
In a meeting with employees, Google CEO Sundar Pichai set the stage for 2025, and the expected increase in competition, ...
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