For-profit – DIGIT INFO

Musk again asks to block OpenAI’s ‘illegal’ conversion to for-profit model

DIGIT — Mon, 02 Dec 2024 02:27:15 +0000

Elon Musk also claimed OpenAI had engaged in “predatory practices” through its partnership with Microsoft, together owning nearly 70% of the generative AI market.

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OpenAI’s move to for-profit: Is it indeed ‘illegal’?

DIGIT — Fri, 27 Sep 2024 13:19:46 +0000

OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process.

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Openai Reportedly Mulling For-Profit Shift

DIGIT — Sun, 16 Jun 2024 16:05:59 +0000

Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out of the picture, given that it would not have control over this new venture. The shift might spur an […]

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‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment

DIGIT — Wed, 17 May 2023 06:30:05 +0000

OpenAI was originally formed as a nonprofit entity to ensure it was free to achieve its stated goal and then became a for-profit company back in 2019.

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