artificial intelligence openai news - Search News

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.

TechCrunch · 5h

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.

MarketWatch on MSN · 9h

OpenAI to seek capital as a public benefit corporation in the vein of Patagonia

OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit corporation, or B-Corp., with a focus on social impact.

Microsoft and OpenAI have a financial definition of AGI

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.

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.

TechCrunch on MSN · 1d

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,

10hon MSN

OpenAI embraces for-profit model to chase AI dreams

OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate ...

9h

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 ...

10hon MSN

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 ...

9hon MSN

OpenAI mulls restructuring

OpenAI is mulling a corporate restructuring designed to help coordinate the artificial intelligence developer’s nonprofit and ...

7h

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 ...

2hon MSN

OpenAI to maintain charitable branch after shifting to for-profit

OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...

Hosted on MSN2d

OpenAI may re-enter robotics to potentially compete with Tesla’s Optimus

OpenAI is reportedly stepping into the humanoid robot game. The ChatGPT maker is considering building human-like robots which ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results