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OpenAI, Sam Altman
In Depth
Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
The company’s unusual structure, which gives full control of the for-profit subsidiary to the OpenAI nonprofit, was originally set to ensure the mission of creating "safe AGI that is broadly beneficial," referring to artificial general intelligence that is at or exceeding human intelligence.
Sam Altman denies reports he will get a gargantuan equity stake in OpenAI as it restructures
OpenAI may be changing to a for-profit company, but according to CEO Sam Altman, that doesn’t mean he’s about to strike it rich. Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” in the newly for-profit enterprise,
OpenAI’s Altman Says Executive Departures Are Unrelated to Restructuring
OpenAI Chief Executive Officer Sam Altman said that executive departures at the artificial intelligence startup were unrelated to a restructuring as the company weighs moving to a for-profit structure.
Apple no longer in talks to invest in OpenAI
Apple no longer in talks to invest in OpenAI: report
Apple fell out of talks to invest in OpenAI's next funding round, which could raise as much as $6.5 billion, The Wall Street Journal reported.
Apple drops out of talks to join OpenAI investment round, WSJ reports
Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday. The tech giant recently fell out of the talks for the round,
Apple No Longer in Talks to Join OpenAI Investment Round
Apple is no longer in talks to participate in an OpenAI funding round expected to raise as much as $6.5 billion, an 11th hour end to what would have been a rare investment by the iPhone maker in another major Silicon Valley company.
8m
OpenAI Predicts $11.6 Billion Revenue Next Year and Investment Opportunities
OpenAI, the leading AI company known for its products like ChatGPT, is predicting a remarkable revenue growth trajectory in ...
23h
OpenAI was a research lab — now it’s just another tech company
OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to ...
1d
OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
2d
on MSN
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken ...
1d
OpenAI Is Growing Fast and Burning Through Piles of Money
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...
34m
on MSN
Elon Musk criticises Sam Altman on X over OpenAI's shift to for-profit model | Check out the post
Sam Altman, CEO of OpenAI, is facing criticism from Elon Musk over potential plans to convert OpenAI into a for-profit entity ...
1d
Is OpenAI Shifting It’s Focus To Profits?
When a company transitions from purpose to profit, people and planet-oriented priorities tend to fall short. Does it have to ...
21h
OpenAI reportedly plans to ditch its nonprofit mission with CEO Sam Altman said to be in line to make billions
According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a ...
1d
Anthropic's comms chief mocks OpenAI after cofounder's bizarre tweet about jacuzzis and the Middle Ages
Anthropic's head of communications took a jab at an OpenAI cofounder after a confusing tweet and a wild week.
4h
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and ...
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