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Tag: OpenAI
Sam Altman sells minority stake in OpenAI held by Sequoia Capital
The revelation comes against the backdrop of OpenAI's shift to a limited-profit model and the challenges it faces.
Musk, OpenAI suit established for test in Mar-May 2026
Openai refuted the claims, thinking that the for-profit design is needed to guarantee financing and stay affordable.
OpenAI CFO addresses Musk’s lawsuits
OpenAI founder Elon Musk has actually slammed the company’s change from a not-for-profit to a for-profit design.
OpenAI co-leads $43m collection A in US-based cybersecurity company
This notes Openai’s very first financial investment in cybersecurity business.
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…
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.