The non-profit arm will retain a stake in the new PBC ... as companies seek to strike a balance between pursuing social good ...

OpenAI’s latest $6.6 billion funding round at a valuation of $157 billion hinged on whether the company could restructure its corporate model to remove a profit cap for investors. The board ...

According to reports and court documents, Musk expressed concerns that OpenAI was deviating from its original mission - criticizing its transition to a for-profit model and its collaboration with ...

In 2019, OpenAI aimed to move past its role as solely a research lab in hopes of functioning more like a startup, so it created a so-called capped-profit model, with the nonprofit still ...

Meta Platforms is siding with Elon Musk to block OpenAI’s shift to a for-profit model, arguing it sets a dangerous precedent for Silicon Valley startups.(AFP) Meta Platforms has backed Elon Musk ...

Anand employs a slew of methods at his dairy farm that can ensure profit and is quite emulative for any cattle rearers. The ...

OpenAI, one of the world’s most valuable startups, originally began in 2015 as a nonprofit focused on AI research. But as the cost of achieving artificial general intelligence (AGI)—AI that ...