OpenAI pivots to for-profit model to secure massive AI funding
OpenAI’s $157 billion worth and rising AI development costs pushed it toward a structure that can tap into deeper capital.
How OpenAI Hopes to Sever Its Nonprofit Roots
As the maker of ChatGPT battles Google and Meta for A.I. supremacy, it’s also fighting to end control by a nonprofit board.
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The Board’s AI Imperative: A Risk Management Checklist to Unlock Next-Gen Growth and Shareholder Value
This article offers a checklist for board members to identify ... ahead to realize the benefits of AI, it’s important to establish a culture that is open to cooperation and failing fast ...
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock." ...
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State board approves $100M for $1.2B AI, supercomputer facility at UM
The high-performance computing and AI research ... at last week’s board of regents meeting that the new center "will strengthen (UM) research capabilities dramatically, open incredible new ...