Tag: benefit corporation
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The Register: Even at $200/mo, Altman admits ChatGPT Pro struggles to turn a profit
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…
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Slashdot: OpenAI Plans Corporate Overhaul To Draw More Investment
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…
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New York Times – Artificial Intelligence : OpenAI Could Be a Force for Good if It Can Answer These Questions First
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…
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Slashdot: OpenAI To Remove Non-Profit Control and Give Sam Altman Equity
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…