OpenAI’s $157 Billion Valuation: What It Means for Microsoft
OpenAI's shift to a for-profit model with Microsoft's backing could redefine AI governance & industry standards. Microsoft ...
OpenAI's For Profit Structure Adds Valuation Complexity to Microsoft And Other Equity Investors: Report
OpenAI and Microsoft are negotiating Microsoft's $14B investment for equity in OpenAI, now a for-profit corp. OpenAI's ...
AI Power Shift: Microsoft Plans a Major OpenAI Stake in New Deal
Microsoft has been OpenAI’s biggest financial backer since 2019, with the tech giant recently participating in a funding ...
OpenAI negotiates position in for-profit model with investor Microsoft
OpenAI has to give up its non-profit status. This raises the question of how Microsoft, the largest donor, will be positioned ...
The Information9d
OpenAI’s Charity Could Soon Be Worth $40 Billion
Score one for OpenAI?Before we get to today’s column, we should flag Aaron’s scoop yesterday about OpenAI hiring one of ...
OpenAI pursues public benefit structure to fend off hostile takeovers
OpenAI is pursuing a largely untested corporate structure to defend itself from hostile takeovers and protect chief executive ...
OpenAI will need to prove it's in the public's best interest as it becomes a for-profit company
OpenAI plans to restructure into a for-profit public benefit corporation. It will need to show how it can help the public in ...
OpenAI Could Be a Force for Good if It Can Address These Issues First
The artificial intelligence start-up behind ChatGPT needs a legal structure that ensures its commitments can be enforced.
The Associated Press on MSN13d
Changing OpenAI’s nonprofit structure could have big consequences
Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last November when its board ousted and ...
As OpenAI attracts billions in new investment, its goal of balancing profit with purpose is getting more challenging to pull off
Unlike other big tech companies, OpenAI is a nonprofit with a for-profit subsidiary that is overseen by a nonprofit board of directors. Since its founding in 2015, OpenAI’s official mission has been ...
Inc11d
It Could Cost OpenAI a Lot to Drop its Nonprofit Structure
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax experts have ...
San Antonio Express-News13d
Changing OpenAI's nonprofit structure would raise questions about its future
NEW YORK (AP) — The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion.