Tag: forprofit

United States court rejects Musk’s demand over OpenAI’s for-profit change

Musk asserts he co-founded Openai in 2015, initially a not-for-profit company concentrated on AI advancement for the general public rate…

Tech

OpenAI deals with $10b financing cut unless it goes for-profit

SoftBank’s financial investment is the biggest financial investment in this round, which will certainly go down from $30 billion to…

Business

OpenAI has to go for-profit by 2025 to protect $40b

If the restructuring is not finished within one year, the financing can be lowered to $20 billion.

Tech