Announcing restructuring plans, OpenAI said on Friday it would establish a public benefit company to make it simpler to raise ...
The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...
OpenAI has officially announced its shift to a for-profit structure, amid fierce opposition from the likes of Elon Musk and ...
OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...
Wood has invested in AI start-ups like xAI, OpenAI, and Anthropic through the Ark Venture Fund since making that prediction ...
The restructuring isn’t without opposition. Last month, Elon Musk filed a motion to block OpenAI’s shift to for-profit status ...