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How OpenAI’s Plan to Become ‘For Profit’ Could Help It Raise Money From Apple, Microsoft, Nvidia
OpenAI intends to become a for-profit public-benefit corporation, The Wall Street Journal reported, citing people with knowledge of its plans.
New report details OpenAI's plan to switch to for-profit mode
A major shakeup is in the works at OpenAI. Reuters reported that the artificial intelligence research company is restructuring its business from a non-profit board into a for-profit corporation. The publication also says Sam Altman would be given equity in the new corporation.
OpenAI Considers Transition to For-Profit Model; CTO Exits
OpenAI is considering becoming a for-profit company and giving Chief Executive Officer Sam Altman equity in the artificial intelligence startup for the first time, according to people familiar with the matter.
OpenAI plans to become a for-profit business — here’s what that means for the AI company
OpenAI doesn't want to be so open anymore. According to a new report, OpenAI — the organization that burst onto the scene with the release of its popular AI chatbot, ChatGPT, in 2022 — is looking to restructure into a for-profit company.
OpenAI To Restructure Into For-Profit Company, Give Altman Stake, Reports Say
Key Takeaways Microsoft-backed OpenAI reportedly is planning to restructure to become a for-profit organization.According to Reuters, which first reported the plan, OpenAI is in talks to give CEO Sam Altman equity worth up to $150 billion,
EconoTimes
10h
Apple Withdraws from OpenAI Investment Talks Ahead of $6.5 Billion Funding Round: WSJ Reports
Apple has reportedly pulled out of negotiations to join OpenAIs $6.5 billion funding round, according to The Wall Street ...
3d
on MSN
How Apple and Microsoft’s trusted brands are being used to scam you online
No, it's not really Apple or Microsoft popping up on your screen to warn your computer has been infected. It's an online scam ...
1d
on MSN
Tim Cook-Led Apple Reportedly Abandons OpenAI Funding Round Discussions, But Nvidia And Microsoft Could Still Invest In ChatGPT-Parent
Apple has reportedly withdrawn from last-minute negotiations to invest in OpenAI's $6.5 billion funding round, which is still ...
Impacts
6h
Apple Pulls Out Of The OpenAI Financing Round Negotiations
Apple has withdrawn from consideration to take part in an OpenAI funding round that is anticipated to generate roughly $6.5 ...
19h
Apple is reportedly not investing in OpenAI
Apple is said to have dropped out of a new funding round for OpenAI at the last minute, but this will have no impact on its ...
1d
Why Microsoft’s security initiative and Apple’s cloud privacy matter to enterprises now
Microsoft's Secure Future Initiative (SFI) and Apple's Private Cloud Compute (PCC)'s goals are to harden cloud security and privacy at scale.
12d
Nvidia, Meta, Apple, and Microsoft Could Help This Stock-Split ETF Turn $200,000 Into $1 Million
This ETF is comfortably beating the return of the S&P 500 thanks to its holdings in the world's largest AI stocks.
1d
Apple not investing in OpenAI after all, new report says
Apple is no longer planning to invest in OpenAI, according to a new report from The Wall Street Journal. This comes as OpenAI ...
8d
How Apple, Google, and Microsoft can save us from AI deepfakes
To combat AI-driven disinformation, tech giants must collaborate to adopt these open standards. The absence of Apple and X ...
The Motley Fool on MSN
18h
With the Launch of iPhone 16, How Are Billionaires Investing in Apple Stock?
Warren Buffett has been selling
Apple
stock throughout 2024, despite the high anticipation of the new iPhone and the ...
Techopedia
22h
Apple Exits Talks to Participate in OpenAI’s $6.5 Billion Funding Round
Apple exits OpenAI's $6.5B funding round as Microsoft and others remain. Internal challenges and leadership changes at OpenAI ...
2d
on MSN
Sorry, Microsoft — AI isn’t the reason people are buying new laptops
With all the hype around AI PCs this year, you might think everyone is loving the AI on their laptops -- but the IDC thinks ...
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