From Google: 2024-09-29 00:01:00

OpenAI, founded in 2015, transitions to a for-profit company after previous non-profit status. Receives $100M investment from Microsoft. Aims to balance pursuit of AI development with profitability. Notable past achievements include creation of GPT-3 language model. Shift to for-profit model allows more efficient scaling and competition with tech giants in AI sector.



Read more at Google: OpenAI’s Complex Path to Becoming a For-Profit Company – The Wall Street Journal