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Tag: for-profit

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

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    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

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    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…

  • Slashdot: Microsoft-OpenAI Deal Defines AGI as $100 Billion Profit Milestone

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    Source URL: https://slashdot.org/story/24/12/26/1613249/microsoft-openai-deal-defines-agi-as-100-billion-profit-milestone?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Microsoft-OpenAI Deal Defines AGI as $100 Billion Profit Milestone Feedly Summary: AI Summary and Description: Yes Summary: The text discusses significant negotiations between OpenAI and Microsoft regarding their partnership, which centers on the future of artificial general intelligence (AGI) and potential profit-sharing. This transformation signals a pivotal shift in…

  • Slashdot: Meta Asks the US Government To Block OpenAI’s Switch To a For-Profit

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    Source URL: https://tech.slashdot.org/story/24/12/14/0238223/meta-asks-the-us-government-to-block-openais-switch-to-a-for-profit?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Meta Asks the US Government To Block OpenAI’s Switch To a For-Profit Feedly Summary: AI Summary and Description: Yes **Summary:** Meta is lobbying California’s Attorney General to prevent OpenAI from changing its structure from a non-profit to a for-profit, arguing that this transition would misappropriate assets initially developed for…

  • Slashdot: Getty Images CEO Says Content-Scraping AI Groups Use ‘Pure Theft’ For Profit

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    Source URL: https://slashdot.org/story/24/12/02/1910220/getty-images-ceo-says-content-scraping-ai-groups-use-pure-theft-for-profit?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Getty Images CEO Says Content-Scraping AI Groups Use ‘Pure Theft’ For Profit Feedly Summary: AI Summary and Description: Yes Summary: The text discusses Getty Images CEO’s criticisms of AI companies regarding copyright issues, especially related to the training of AI models. It highlights concerns surrounding fair use of web…

  • The Register: Musk seeks injunction to stop OpenAI morphing into for-profit company

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    Source URL: https://www.theregister.com/2024/12/02/musk_openai_injunction/ Source: The Register Title: Musk seeks injunction to stop OpenAI morphing into for-profit company Feedly Summary: Politics, electric cars, rockets, and social media not enough to keep some individuals busy Elon Musk has filed for an injunction against OpenAI co-founder and CEO Sam Altman, broadly designed to prevent the GenAI poster child…

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

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    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…

  • The Register: Copilot’s crudeness has left Microsoft chasing Google, again

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    Source URL: https://www.theregister.com/2024/10/09/copilot_vs_notebooklm/ Source: The Register Title: Copilot’s crudeness has left Microsoft chasing Google, again Feedly Summary: Surely Redmond knows that almost nobody has tamed unstructured data? Opinion A year ago it looked as if the world could be Microsoft’s oyster. The software giant dominated the enterprise, was catching up to cloudy rivals, and then…

  • Hacker News: OpenAI as we knew it is dead

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    Source URL: https://www.vox.com/future-perfect/374275/openai-just-sold-you-out Source: Hacker News Title: OpenAI as we knew it is dead Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses OpenAI’s recent transition from a nonprofit controlled by a mission-driven board to a for-profit benefit corporation led by CEO Sam Altman. This change raises significant concerns about the company’s…

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

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    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…