OpenAI, Completes For-Profit Shift
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Elon Musk launches Grokipedia
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OpenAI founder Sam Altman hit back at his former collaborator, Elon Musk, amid their ongoing feud. See details.
In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped would be a relatively straightforward process of converting to a more traditional for-profit business that would be more appealing to investors. Then came the pushback.
OpenAI is working on something big, developing its own brain-computer interface. But what does this actually mean?
OpenAI has transitioned from a non-profit to a for-profit corporation, marking a significant shift from its founding mission to develop digital intelligence for the public good.
OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation.
The legal battle between Elon Musk's xAI and Sam Altman's OpenAI just widened, with Musk accusing the ChatGPT maker of stealing technology.
Futurism on MSN
OpenAI Researcher Mocks Elon Musk’s AGI Claim to His Face
Inveterate overpromiser Elon Musk is teasing that his chatbot Grok could soon “achieve artificial general intelligence,” or AGI — a hypothetical form of AI system that surpasses humans in virtually every way, and remains the white whale of the AI industry.
A memo from California’s attorney general suggested that Elon Musk’s federal lawsuit against OpenAI will be unaffected by the artificial intelligence startup’s restructuring. But now that the restructuring has occurred,
Meanwhile, Musk seized the moment to fan the flames of social media criticism, reposting an X post from Helen Toner, a former member of OpenAI’s board, who criticized OpenAI’s “dishonesty and intimidation” tactics in sending the subpoenas. “OpenAI was built on a lie,” Musk wrote in a post garnering almost 30 million views.
"This lawsuit was filed with maximum press fanfare and the promise of proving up an egregious series of misrepresentations," wrote OpenAI's counsel at Wachtell, Lipton, Rosen & Katz and Morrison & Foerster in the motion.
Elon Musk, an OpenAI co-founder who left and launched a rival startup, sued to block the restructuring, alleging it violated the company’s founding principles. Former OpenAI employees and nonprofit leaders asked regulators to stop it,