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OpenAI Plans Shift to For-Profit
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
OpenAI plans ‘for-profit’ shift amid leadership departures and restructuring
Enterprise partners and investors may reevaluate their relationship with the company as its priorities shift under the new structure.
OpenAI Discusses Giving Altman 7% Stake in For-Profit Shift
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first time Altman is granted ownership in the artificial intelligence startup.
OpenAI Bids To Shift to For-Profit Company
OpenAI may transition from a nonprofit to a more conventional corporate structure, potentially becoming a public benefit corporation.
OpenAI to Become For-Profit Company
OpenAI is planning to convert from a nonprofit organization to a for-profit company at the same time it is undergoing major personnel shifts including the abrupt resignation Wednesday of its chief technology officer,
OpenAI weighing governance shift away from non-profit
OpenAI's board is continuing to consider restructuring the company in ways that might change its current control by a non-profit organization, but no final plan has been adopted, according to a source familiar with the matter.
OpenAI Plans Shift to For-Profit as CTO Murati Departs
OpenAI is reportedly considering restructuring into a for-profit business, while keeping its non-profit arm separate. The move, disclosed by an anonymous source, aims to simplify the company’s structure for investors and provide greater liquidity for employees.
OpenAI to remove non-profit control, give Altman equity stake: report
OpenAI, the generative artificial intelligence backed by Microsoft (NASDAQ:MSFT), is working on a plan to restructure itself and convert itself into a for-profit benefit corporation, Reuters reported.
17h
on MSN
Hurricane Helene Path Shift Could Cause 'Real Problem,' Meteorologist Warns
Helene strengthened to a Category 1 hurricane Wednesday morning and could cause major damage if it makes landfall in Tampa.
17h
Shift Robotics Launches Moonwalkers Aero Redefining the Pace of Life with Effortless Walking for a More Intentional, Meaningful Journey
Shift Robotics, the creators of the original Moonwalkers, announces the launch of Moonwalkers Aero, built for those who see ...
MedPage Today
9h
40-Hour Hurricane Hospital Shift; Giardia's Marketing Strategy; Complaining for Good
What's it like to work in an emergency department during a Florida hurricane? Pediatric emergency physician @beachgem10 took ...
Axios on MSN
18h
FDA eyes first schizophrenia drug shift in decades
The Food and Drug Administration is slated to decide Thursday whether to approve the first new schizophrenia drug in at least ...
13h
on MSN
Circadian lighting boosts sleep and performance for night shift workers
The use of circadian-informed lighting, where artificial lighting is synchronized to the natural biological rhythms or a ...
1d
One day along the Texas-Mexico border shows that realities shift more rapidly than rhetoric
The Texas Tribune and The Associated Press spent 24 hours in five cities on Texas’ border with Mexico to measure the impact ...
15h
Defiance Announces Shift to Weekly Distributions and Name Change for 0DTE Income ETF Suite
MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading innovator in thematic and income-based exchange-traded funds (ETFs), is excited to announce the renaming and strategy update for its ...
11h
‘Grey’s Anatomy’ Season 21’s Timeslot Shift: How to Make Sure You Don’t Miss New Episodes
Last season, Grey’s Anatomy aired at 9/8c after brand-new episodes of 9-1-1. For Season 21, ABC implemented a dramatic ...
10h
Ogden’s plans to shift to downtown paid parking draw fire from merchants
While paid parking would first be implemented on Historic 25th Street, the Electric Alley parking area north of that and ...
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