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OpenAI nonprofit will retain control of $300 billion company

Axios on MSN · 15m

OpenAI's for-profit switcheroo leaves Sam Altman hanging

The latest plot twist in OpenAI's epic corporate drama leaves Sam Altman only part way toward his goal, announced last year, of separating the ChatGPT maker from the nonprofit that controls it. Why it matters: Since Altman was briefly ousted as CEO by the nonprofit board in November 2023,

Mashable on MSN · 10h

Sam Altman: OpenAI nonprofit will retain control of the $300 billion company

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the process, delivered a new technology with potentially world-changing implications.

The Washington Post on MSN · 14h

Sam Altman hands Elon Musk a win, scrapping OpenAI’s for-profit plan

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, a move Elon Musk had sought to block.

6don MSN

Sam Altman says OpenAI will fix ChatGPT’s ‘annoying’ new personality as users complain the bot is sucking up to them

Users have been complaining the GPT-4o has become so enthusiastic that it's verging on sycophantic. The change appears to be ...

12hon MSN

'We want to build a brain for the world' – Sam Altman makes a crucial decision about the future of OpenAI, and it may determine the future of ChatGPT and AGI

OpenAI will transition to running under the oversight of a non-profit, and its profit side is to become a Public Benefit ...

NDTV Profit on MSN2h

Want To Build Brain For The World: Sam Altman Tells Staff As OpenAI Reshapes Funding Structure

Acknowledging the rampant use of ChatGPT models for various purposes, Sam Altman highlighted that the system has its ...

13hon MSN

OpenAI shakes up corporate structure with goal of scaling up AGI investment

OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

21hon MSN

ChatGPT-maker OpenAI’s Sam Altman has a question for investors, gets reply from Indian tech CEO

OpenAI CEO Sam Altman questioned the venture capital industry's persistent aggregate losses despite ongoing funding. Cred CEO ...

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