Experimental News Clipping Site

Tag: benefit corporation

  • OpenAI : Statement on OpenAI’s Nonprofit and PBC

    —

    by

    Kurt Seifried
    in

    Source URL: https://openai.com/index/statement-on-openai-nonprofit-and-pbc Source: OpenAI Title: Statement on OpenAI’s Nonprofit and PBC Feedly Summary: OpenAI reaffirms its nonprofit leadership with a new structure granting equity in its PBC, enabling over $100B in resources to advance safe, beneficial AI for humanity. AI Summary and Description: Yes Summary: OpenAI is evolving its structure by granting equity in…

  • Slashdot: OpenAI Weighs ‘Nuclear Option’ of Antitrust Complaint Against Microsoft

    —

    by

    Kurt Seifried
    in

    Source URL: https://yro.slashdot.org/story/25/06/17/209203/openai-weighs-nuclear-option-of-antitrust-complaint-against-microsoft?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: OpenAI Weighs ‘Nuclear Option’ of Antitrust Complaint Against Microsoft Feedly Summary: AI Summary and Description: Yes **Summary:** The text discusses tensions between OpenAI and Microsoft regarding antitrust concerns and contractual disputes over OpenAI’s transition to a public benefit corporation. This situation highlights implications for business partnerships in the AI…

  • Wired: Mira Murati Launches Thinking Machines Lab to Make AI More Accessible

    —

    by

    Kurt Seifried
    in

    Source URL: https://www.wired.com/story/mira-murati-thinking-machines-lab/ Source: Wired Title: Mira Murati Launches Thinking Machines Lab to Make AI More Accessible Feedly Summary: After leaving OpenAI last year, Mira Murati is finally ready to share what she’s working on. AI Summary and Description: Yes Summary: Mira Murati, former CTO of OpenAI, has launched a new public benefit corporation called…

  • The Register: Even at $200/mo, Altman admits ChatGPT Pro struggles to turn a profit

    —

    by

    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/01/06/altman_gpt_profits/ Source: The Register Title: Even at $200/mo, Altman admits ChatGPT Pro struggles to turn a profit Feedly Summary: But don’t worry, he’s ‘figured out’ AGI comment Even at $200 a month for ChatGPT Pro, the service is struggling to turn a profit, OpenAI CEO Sam Altman lamented on the platform formerly known…

  • The Register: OpenAI plans to ring in the New Year with a for-profit push

    —

    by

    system automation
    in

    Source URL: https://www.theregister.com/2024/12/27/openai_for_profit_push/ Source: The Register Title: OpenAI plans to ring in the New Year with a for-profit push Feedly Summary: We have altered the deal, pray we don’t alter it any further Amid growing competition and skyrocketing compute requirements necessary to support the next generation of AI models, OpenAI is shaking up its corporate…

  • Slashdot: OpenAI Plans Corporate Overhaul To Draw More Investment

    —

    by

    system automation
    in

    Source URL: https://slashdot.org/story/24/12/27/1321234/openai-plans-corporate-overhaul-to-draw-more-investment Source: Slashdot Title: OpenAI Plans Corporate Overhaul To Draw More Investment Feedly Summary: AI Summary and Description: Yes Summary: OpenAI’s transformation into a Delaware public benefit corporation marks a significant shift in its corporate model, aimed at facilitating greater fundraising potential to enhance AI development. This restructuring is particularly relevant in the…

  • New York Times – Artificial Intelligence : OpenAI Could Be a Force for Good if It Can Answer These Questions First

    —

    by

    system automation
    in

    Source URL: https://www.nytimes.com/2024/10/14/opinion/open-ai-chatgpt-investors.html Source: New York Times – Artificial Intelligence Title: OpenAI Could Be a Force for Good if It Can Answer These Questions First Feedly Summary: The artificial intelligence start-up behind ChatGPT needs a legal structure that ensures its commitments can be enforced. AI Summary and Description: Yes Summary: The text discusses OpenAI’s transition…

  • Slashdot: OpenAI To Remove Non-Profit Control and Give Sam Altman Equity

    —

    by

    system automation
    in

    Source URL: https://news.slashdot.org/story/24/09/25/2141233/openai-to-remove-non-profit-control-and-give-sam-altman-equity?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: OpenAI To Remove Non-Profit Control and Give Sam Altman Equity Feedly Summary: AI Summary and Description: Yes Summary: OpenAI is transitioning from a non-profit model to a for-profit benefit corporation, which may significantly change its governance and risk management practices. This shift underscores the evolving landscape of AI governance…