From Google: 2024-09-14 11:36:37

OpenAI, known for its philanthropic efforts, is transitioning to become a for-profit company. This move will allow the AI research lab to secure funding and compete with industry giants. It has already received investments totaling $700 million, valuing the company at over $11 billion. This shift marks a significant change in OpenAI’s strategic direction.



Read more at Google: OpenAI is reportedly going all-in as a for-profit company – Mashable